Coppell Advisory Solutions LLC Purchases Shares of 19,998 iShares Bitcoin Trust ETF $IBIT

Coppell Advisory Solutions LLC purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 19,998 shares of the company’s stock, valued at approximately $666,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley boosted its stake in iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after acquiring an additional 2,374,482 shares in the last quarter. Mubadala Investment Co PJSC increased its position in shares of iShares Bitcoin Trust ETF by 45.6% during the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares in the last quarter. Al Warda Investments RSC Ltd increased its position in shares of iShares Bitcoin Trust ETF by 3.2% during the fourth quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock worth $408,059,000 after purchasing an additional 255,319 shares in the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 19.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after purchasing an additional 1,093,183 shares during the last quarter. Finally, Macquarie Group Ltd. lifted its holdings in shares of iShares Bitcoin Trust ETF by 16.4% during the 4th quarter. Macquarie Group Ltd. now owns 5,126,143 shares of the company’s stock valued at $254,513,000 after purchasing an additional 721,351 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $43.79 on Thursday. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82. The business has a fifty day moving average price of $37.59 and a 200-day moving average price of $39.35.

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.