iShares Bitcoin Trust ETF $IBIT Stock Position Lowered by Milestone Asset Management LLC

Milestone Asset Management LLC lessened its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 48.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,482 shares of the company’s stock after selling 18,926 shares during the period. Milestone Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $970,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. NFSG Corp lifted its position in iShares Bitcoin Trust ETF by 3.7% in the 3rd quarter. NFSG Corp now owns 42,058 shares of the company’s stock worth $1,991,000 after buying an additional 1,485 shares in the last quarter. Detalus Advisors LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 41.5% during the 3rd quarter. Detalus Advisors LLC now owns 11,406 shares of the company’s stock valued at $540,000 after buying an additional 3,347 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of iShares Bitcoin Trust ETF by 76.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 16,231 shares of the company’s stock valued at $751,000 after acquiring an additional 7,046 shares in the last quarter. Blueline Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 335.6% during the 3rd quarter. Blueline Advisors LLC now owns 819 shares of the company’s stock valued at $39,000 after acquiring an additional 631 shares in the last quarter. Finally, Saxony Capital Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at $207,000.

iShares Bitcoin Trust ETF Stock Up 0.8%

Shares of IBIT stock opened at $46.59 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $65.97. The stock’s 50-day moving average is $44.08 and its two-hundred day moving average is $40.90.

iShares Bitcoin Trust ETF Company 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.