US Bancorp DE Raises Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

US Bancorp DE increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 19.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 206,763 shares of the company’s stock after buying an additional 32,945 shares during the period. US Bancorp DE’s holdings in iShares Bitcoin Trust were worth $7,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of IBIT. IMC Chicago LLC bought a new position in shares of iShares Bitcoin Trust in the 3rd quarter worth $323,337,000. Aristeia Capital L.L.C. grew its stake in iShares Bitcoin Trust by 47.2% in the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after purchasing an additional 1,903,644 shares during the last quarter. Sculptor Capital LP grew its stake in iShares Bitcoin Trust by 188.1% in the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock valued at $115,831,000 after purchasing an additional 2,215,107 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in iShares Bitcoin Trust by 1,657.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after purchasing an additional 2,486,608 shares in the last quarter. Finally, Bracebridge Capital LLC purchased a new stake in shares of iShares Bitcoin Trust during the first quarter valued at about $100,639,000.

iShares Bitcoin Trust Stock Down 1.0 %

Shares of iShares Bitcoin Trust stock opened at $39.37 on Monday. The firm’s 50 day moving average price is $35.82 and its 200-day moving average price is $36.07. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99.

iShares Bitcoin Trust Company 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.