iShares Bitcoin Trust ETF $IBIT is IvyRock Asset Management HK Ltd’s 5th Largest Position

IvyRock Asset Management HK Ltd boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 48.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 246,400 shares of the company’s stock after purchasing an additional 80,000 shares during the period. iShares Bitcoin Trust ETF comprises approximately 4.6% of IvyRock Asset Management HK Ltd’s investment portfolio, making the stock its 5th biggest holding. IvyRock Asset Management HK Ltd’s holdings in iShares Bitcoin Trust ETF were worth $8,203,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Symphony Financial Ltd. Co. raised its stake in shares of iShares Bitcoin Trust ETF by 16.2% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 7,637 shares of the company’s stock valued at $255,000 after buying an additional 1,064 shares during the last quarter. Crew Capital Management Ltd boosted its stake in shares of iShares Bitcoin Trust ETF by 28.7% in the second quarter. Crew Capital Management Ltd now owns 10,924 shares of the company’s stock worth $364,000 after buying an additional 2,434 shares during the last quarter. Commonwealth Retirement Investments LLC acquired a new stake in iShares Bitcoin Trust ETF during the second quarter worth about $35,000. GR Financial Group LLC grew its holdings in iShares Bitcoin Trust ETF by 177.3% during the second quarter. GR Financial Group LLC now owns 34,791 shares of the company’s stock worth $1,158,000 after acquiring an additional 22,243 shares during the period. Finally, Sage Rhino Capital LLC grew its holdings in iShares Bitcoin Trust ETF by 11.5% during the second quarter. Sage Rhino Capital LLC now owns 10,162 shares of the company’s stock worth $338,000 after acquiring an additional 1,050 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.7%

Shares of IBIT stock opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The stock has a 50 day moving average of $35.88 and a 200 day moving average of $39.45.

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.