Requisite Capital Management LLC Sells 20,155 Shares of iShares Bitcoin Trust ETF $IBIT

Requisite Capital Management LLC reduced its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 19.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 85,353 shares of the company’s stock after selling 20,155 shares during the quarter. iShares Bitcoin Trust ETF makes up about 0.8% of Requisite Capital Management LLC’s holdings, making the stock its 13th biggest holding. Requisite Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,238,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at $25,000. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at $26,000. Anchor Investment Management LLC raised its holdings in iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after buying an additional 305 shares during the last quarter. Financial Life Planners bought a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at $31,000. Finally, Semmax Financial Advisors Inc. raised its holdings in iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $44.82 on Monday. The company’s fifty day simple moving average is $41.73 and its two-hundred day simple moving average is $46.54. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.