iShares Bitcoin Trust ETF $IBIT is Marcho Partners LLP’s 4th Largest Position

Marcho Partners LLP lessened its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 389,550 shares of the company’s stock after selling 25,000 shares during the quarter. iShares Bitcoin Trust ETF comprises about 11.7% of Marcho Partners LLP’s holdings, making the stock its 4th largest holding. Marcho Partners LLP’s holdings in iShares Bitcoin Trust ETF were worth $19,341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBIT. Laurore Ltd purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $436,239,000. 59 North Capital Management LP purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $169,100,000. Consolidated Portfolio Review Corp boosted its stake in shares of iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after buying an additional 2,134,334 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its stake in shares of iShares Bitcoin Trust ETF by 9,320.0% during the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 2,032,648 shares of the company’s stock valued at $100,921,000 after buying an additional 2,011,070 shares during the last quarter. Finally, Sculptor Capital LP boosted its stake in shares of iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after buying an additional 1,673,788 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 0.0%

iShares Bitcoin Trust ETF stock opened at $36.04 on Friday. The stock has a 50 day moving average of $41.79 and a 200-day moving average of $44.23. iShares Bitcoin Trust ETF has a 52 week low of $33.48 and a 52 week high of $71.82.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.