Titan Global Capital Management USA LLC Sells 26,867 Shares of iShares Bitcoin Trust ETF $IBIT

Titan Global Capital Management USA LLC reduced its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 565,894 shares of the company’s stock after selling 26,867 shares during the quarter. iShares Bitcoin Trust ETF comprises 2.4% of Titan Global Capital Management USA LLC’s investment portfolio, making the stock its 16th largest position. Titan Global Capital Management USA LLC’s holdings in iShares Bitcoin Trust ETF were worth $18,839,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Laurore Ltd purchased a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $436,239,000. Mubadala Investment Co PJSC boosted its holdings in iShares Bitcoin Trust ETF by 45.6% in the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after acquiring an additional 3,975,351 shares in the last quarter. Walleye Capital LLC boosted its holdings in iShares Bitcoin Trust ETF by 332.4% in the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after acquiring an additional 3,319,115 shares in the last quarter. Marshall Wace LLP increased its position in iShares Bitcoin Trust ETF by 229.8% during the 4th quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock valued at $171,181,000 after purchasing an additional 2,402,259 shares during the period. Finally, Morgan Stanley increased its position in iShares Bitcoin Trust ETF by 21.5% during the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after purchasing an additional 2,374,482 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The firm has a fifty day simple moving average of $35.88 and a two-hundred day simple moving average of $39.45.

About iShares Bitcoin Trust ETF

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.