Dynamic Advisor Solutions LLC Sells 18,249 Shares of iShares Bitcoin Trust ETF $IBIT

Dynamic Advisor Solutions LLC reduced its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 13.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,748 shares of the company’s stock after selling 18,249 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,787,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Stanley boosted its holdings in shares of iShares Bitcoin Trust ETF by 21.5% in the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after acquiring an additional 2,374,482 shares in the last quarter. Mubadala Investment Co PJSC increased its holdings in iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after purchasing an additional 3,975,351 shares in the last quarter. Laurore Ltd acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at $436,239,000. Al Warda Investments RSC Ltd raised its position in iShares Bitcoin Trust ETF by 3.2% in the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after purchasing an additional 255,319 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its position in iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after purchasing an additional 1,093,183 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $36.49 on Friday. The business’s fifty day moving average is $36.15 and its two-hundred day moving average is $40.01. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week 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.