iShares Bitcoin Trust (NASDAQ:IBIT) Stock Holdings Lessened by Black Diamond Financial LLC

Black Diamond Financial LLC reduced its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 6.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 9,597 shares of the company’s stock after selling 621 shares during the quarter. Black Diamond Financial LLC’s holdings in iShares Bitcoin Trust were worth $347,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of IBIT. IMC Chicago LLC bought a new position in shares of iShares Bitcoin Trust in the 3rd quarter worth about $323,337,000. Bracebridge Capital LLC bought a new position in shares of iShares Bitcoin Trust in the 1st quarter worth about $100,639,000. D. E. Shaw & Co. Inc. lifted its position 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 buying an additional 2,486,608 shares during the last quarter. Sculptor Capital LP lifted its position in shares of iShares Bitcoin Trust by 188.1% in the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after buying an additional 2,215,107 shares during the last quarter. Finally, Aristeia Capital L.L.C. lifted its position in shares of 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 worth $202,806,000 after buying an additional 1,903,644 shares during the last quarter.

iShares Bitcoin Trust Trading Down 2.6 %

Shares of NASDAQ:IBIT opened at $49.73 on Friday. The company’s 50-day moving average price is $37.60 and its 200 day moving average price is $36.53. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $53.26.

About iShares Bitcoin Trust

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.