Wedmont Private Capital Has $784,000 Stock Position in iShares Bitcoin Trust ETF $IBIT

Wedmont Private Capital lowered its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 66.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,643 shares of the company’s stock after selling 42,308 shares during the quarter. Wedmont Private Capital’s holdings in iShares Bitcoin Trust ETF were worth $784,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Semmax Financial Advisors Inc. grew its position in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its position in shares of 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 buying an additional 500 shares during the last quarter. Sfam LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at about $26,000. Vermillion & White Wealth Management Group LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after buying an additional 459 shares during the period. Finally, WFA of San Diego LLC acquired a new stake in iShares Bitcoin Trust ETF during the second quarter worth about $34,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $44.29 on Thursday. The stock’s 50-day moving average price is $38.73 and its 200 day moving average price is $39.58. iShares Bitcoin Trust ETF has a 12-month low of $32.84 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.