Bleakley Financial Group LLC Sells 76,846 Shares of iShares Bitcoin Trust ETF $IBIT

Bleakley Financial Group LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 345,318 shares of the company’s stock after selling 76,846 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $13,267,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. grew its stake in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. Key Capital Management INC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Sfam LLC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC boosted its holdings in iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares during the period. Finally, Anchor Investment Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $35.22 on Tuesday. The company has a fifty day moving average price of $38.98 and a 200-day moving average price of $41.91. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $71.82.

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.