785,300 iShares Bitcoin Trust ETF $IBIT Shares Purchased by Pilgrim Partners Asia Pte Ltd

Pilgrim Partners Asia Pte Ltd boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,607,600 shares of the company’s stock after buying an additional 785,300 shares during the period. iShares Bitcoin Trust ETF makes up approximately 24.4% of Pilgrim Partners Asia Pte Ltd’s portfolio, making the stock its 2nd biggest position. Pilgrim Partners Asia Pte Ltd owned about 0.18% of iShares Bitcoin Trust ETF worth $123,444,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vise Technologies Inc. lifted its holdings in shares of iShares Bitcoin Trust ETF by 35.1% in the 3rd quarter. Vise Technologies Inc. now owns 280,913 shares of the company’s stock worth $13,298,000 after acquiring an additional 72,908 shares during the last quarter. Investment Partners LTD. boosted its position in shares of iShares Bitcoin Trust ETF by 99.8% during the 3rd quarter. Investment Partners LTD. now owns 84,235 shares of the company’s stock worth $3,988,000 after purchasing an additional 42,073 shares during the period. Summit Global Investments boosted its position in shares of iShares Bitcoin Trust ETF by 10.3% during the 3rd quarter. Summit Global Investments now owns 16,759 shares of the company’s stock worth $793,000 after purchasing an additional 1,561 shares during the period. Americana Partners LLC increased its holdings in iShares Bitcoin Trust ETF by 2.5% in the 3rd quarter. Americana Partners LLC now owns 38,890 shares of the company’s stock valued at $1,841,000 after purchasing an additional 961 shares during the last quarter. Finally, Fusion Capital LLC acquired a new stake in iShares Bitcoin Trust ETF in the 3rd quarter valued at approximately $285,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $43.36 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $63.03. The business’s 50 day moving average is $45.89 and its two-hundred day moving average is $41.59.

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.