Jane Street Group LLC lessened its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 99.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,026 shares of the company's stock after selling 6,463,716 shares during the quarter. Jane Street Group LLC's holdings in iShares Bitcoin Trust were worth $398,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. IMC Chicago LLC purchased a new position in iShares Bitcoin Trust during the 3rd quarter worth $323,337,000. Aristeia Capital L.L.C. raised its holdings in iShares Bitcoin Trust by 47.2% during the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company's stock worth $202,806,000 after purchasing an additional 1,903,644 shares in the last quarter. Sculptor Capital LP raised its holdings in 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 in the last quarter. D. E. Shaw & Co. Inc. lifted its position 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 valued at $90,014,000 after purchasing an additional 2,486,608 shares during the period. Finally, Point72 Asset Management L.P. purchased a new stake in iShares Bitcoin Trust in the 2nd quarter valued at approximately $56,965,000.
iShares Bitcoin Trust Stock Performance
NASDAQ IBIT traded down $1.45 on Wednesday, hitting $53.34. 46,479,566 shares of the company's stock were exchanged, compared to its average volume of 44,889,008. The firm's 50-day moving average price is $52.61 and its two-hundred day moving average price is $41.36. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $61.75.
iShares Bitcoin Trust Company Profile
(
Free Report)
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.
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