iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC raised its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 275.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 122,129 shares of the company’s stock after purchasing an additional 89,634 shares during the quarter. iShares Bitcoin Trust accounts for 0.8% of Evolution Wealth Advisors LLC’s holdings, making the stock its 28th largest holding. Evolution Wealth Advisors LLC’s holdings in iShares Bitcoin Trust were worth $4,413,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IBIT. IMC Chicago LLC acquired a new position in iShares Bitcoin Trust in the third quarter valued at about $323,337,000. Bracebridge Capital LLC purchased a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at approximately $100,639,000. D. E. Shaw & Co. Inc. lifted its holdings in shares of iShares Bitcoin Trust by 1,657.7% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after acquiring an additional 2,486,608 shares during the last quarter. Sculptor Capital LP boosted its position in shares of iShares Bitcoin Trust by 188.1% during the 2nd 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. Finally, Aristeia Capital L.L.C. increased its holdings in iShares Bitcoin Trust by 47.2% in 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 during the last quarter.

iShares Bitcoin Trust Stock Performance

NASDAQ:IBIT opened at $52.13 on Friday. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $53.26. The stock’s fifty day moving average is $38.39 and its two-hundred day moving average is $36.73.

iShares Bitcoin Trust 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.