Bellecapital International Ltd. Sells 1,524 Shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Bellecapital International Ltd. lessened its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 2.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,907 shares of the company’s stock after selling 1,524 shares during the quarter. Bellecapital International Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $3,038,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IBIT. McElhenny Sheffield Capital Management LLC bought a new stake in iShares Bitcoin Trust ETF during the first quarter valued at about $855,000. Sapient Capital LLC lifted its position in shares of iShares Bitcoin Trust ETF by 13.5% during the 1st quarter. Sapient Capital LLC now owns 135,335 shares of the company’s stock worth $6,335,000 after purchasing an additional 16,098 shares during the last quarter. Fifth Third Bancorp boosted its stake in iShares Bitcoin Trust ETF by 820.6% during the 1st quarter. Fifth Third Bancorp now owns 77,794 shares of the company’s stock valued at $3,642,000 after purchasing an additional 69,344 shares during the period. Simon Quick Advisors LLC boosted its stake in iShares Bitcoin Trust ETF by 102.8% during the 1st quarter. Simon Quick Advisors LLC now owns 28,552 shares of the company’s stock valued at $1,337,000 after purchasing an additional 14,470 shares during the period. Finally, Axecap Investments LLC acquired a new stake in iShares Bitcoin Trust ETF in the 1st quarter valued at approximately $209,000.

iShares Bitcoin Trust ETF Stock Down 0.7%

Shares of NASDAQ IBIT opened at $61.84 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $28.23 and a 12 month high of $63.70. The business’s 50 day moving average is $55.20 and its two-hundred day moving average is $54.14.

iShares Bitcoin Trust ETF 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.