Pandora Wealth Inc. Sells 700 Shares of iShares Bitcoin Trust ETF $IBIT

Pandora Wealth Inc. lowered its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,260 shares of the company’s stock after selling 700 shares during the period. Pandora Wealth Inc.’s holdings in iShares Bitcoin Trust ETF were worth $628,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. American Capital Advisory LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after buying an additional 327 shares in the last quarter. Signature Resources Capital Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after buying an additional 200 shares in the last quarter. Mather Group LLC. lifted its stake in shares of iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after buying an additional 376 shares in the last quarter. Berbice Capital Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after buying an additional 300 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC bought a new position in shares of iShares Bitcoin Trust ETF in the first quarter worth approximately $30,000.

iShares Bitcoin Trust ETF Trading Down 3.7%

Shares of NASDAQ IBIT opened at $66.20 on Monday. The firm’s 50 day moving average price is $65.39 and its 200-day moving average price is $60.60. iShares Bitcoin Trust ETF has a 52-week low of $34.94 and a 52-week 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.