318,475 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 318,475 shares of the company’s stock, valued at approximately $11,507,000.

Several other hedge funds have also recently added to or reduced their stakes in IBIT. IMC Chicago LLC bought a new position in iShares Bitcoin Trust during the third quarter worth $323,337,000. D. E. Shaw & Co. Inc. increased its holdings in shares of iShares Bitcoin Trust by 1,657.7% during the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock valued at $90,014,000 after acquiring an additional 2,486,608 shares in the last quarter. Sculptor Capital LP raised its position in shares of iShares Bitcoin Trust by 188.1% during the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after purchasing an additional 2,215,107 shares during the period. Aristeia Capital L.L.C. increased its stake in iShares Bitcoin Trust by 47.2% during the 2nd 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 in the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in iShares Bitcoin Trust during the second quarter worth $56,965,000.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $55.03 on Friday. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $56.86. The firm has a 50-day moving average of $42.07 and a 200-day moving average of $37.94.

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.