Simplicity Wealth LLC Decreases Holdings in iShares Bitcoin Trust ETF $IBIT

Simplicity Wealth LLC lowered its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 47.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,397 shares of the company’s stock after selling 30,794 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,145,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. McIlrath & Eck LLC raised its stake in iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after acquiring an additional 163 shares during the period. Vivaldi Capital Management LP boosted its position in shares of iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the period. ST Germain D J Co. Inc. boosted its position in shares of iShares Bitcoin Trust ETF by 2.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock worth $400,000 after purchasing an additional 220 shares during the period. Channel Wealth LLC increased its stake in shares of iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after purchasing an additional 233 shares in the last quarter. Finally, Retirement Planning Group LLC increased its stake in shares of iShares Bitcoin Trust ETF by 2.0% in the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after purchasing an additional 245 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $35.63 on Monday. The company’s fifty day moving average price is $35.88 and its 200-day moving average price is $39.37. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $71.82.

About iShares Bitcoin Trust ETF

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.