BlackRock ETFs significantly increase MicroStrategy exposure

Share This Post

Quick Take

According to data from Fintel, 82 exchange-traded funds (ETFs) have acquired shares of MicroStrategy (MSTR). This data is current until May 30, 2024, and does not include the recent acquisition of over 4,000 MSTR shares by the iShares MSCI ACWI ETF, valued at $6.1 million. These reported values place them among the top 20 largest ETF holders of MSTR.

Data from Fintel shows that the iShares Russell 2000 ETF (IWM) holds the largest position, with 362,846 shares. This represents a 12.02% increase from the previous reporting period, with the shares valued at $618.5 million, marking a significant 202.32% increase in value. The second largest holder is the iShares Russell 2000 Growth ETF (IWO), which owns 129,094 shares. This reflects a 19.23% increase in share count and a 221.77% rise in value, now reported at $220.0 million. Both ETFs are managed by BlackRock.

Additionally, two ETFs have short positions in MSTR: the First Trust Long/Short Equity ETF (FTLS) and the AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL). According to Fintel, these positions are relatively small, valued at $6 million and $2 million, respectively.

File DateInvestorSharesΔ Shares (%)Reported Value ($1000)Δ Value (%)
2024-05-28IWM – iShares Russell 2000 ETF362,84612.02618,493202.32
2024-05-28IWO – iShares Russell 2000 Growth ETF129,09419.23220,048221.77

MicroStrategy is currently up 2% in pre-market trading, with shares priced at $1,673.

The post BlackRock ETFs significantly increase MicroStrategy exposure appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges

With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook In line with this, a crypto analyst has identified a major catalyst that

Metaplanet’s Bitcoin strategy lifts stock by 443%, targets 1,000 BTC

Japanese investment company Metaplanet has made its largest number of Bitcoin purchases to date, following the acquisition of 107913 BTC for around 1 billion yen (equivalent to $69 million), as per

Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246

On Tuesday, major US stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over

Central Bank of Tanzania to Hoard 20% of Total Gold Exports

The Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves The movement is seen as a reaction to the current acceleration of

BREAKING: First XRP ETF Filed By Crypto Asset Manager Bitwise In Delaware

As Ripple approaches a resolution in its ongoing legal dispute with the US Securities and Exchange Commission (SEC), crypto asset manager Bitwise Invest has taken a significant step by filing the

Bitwise registers XRP ETF trust filing in Delaware

Asset manager Bitwise filed for an XRP exchange-traded fund (ETF) on Sept 30 with Delaware’s Division of Corporations The document consists of a registration for a Delaware statutory trust,