iShares Bitcoin Trust ETF $IBIT Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 37.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 391,483 shares of the company’s stock after selling 232,973 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $15,041,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IBIT. Cornerstone Advisory LLC grew its stake in shares of iShares Bitcoin Trust ETF by 17.9% during the first quarter. Cornerstone Advisory LLC now owns 58,773 shares of the company’s stock worth $2,258,000 after purchasing an additional 8,938 shares in the last quarter. 1ST Source Bank raised its stake in iShares Bitcoin Trust ETF by 14.4% in the first quarter. 1ST Source Bank now owns 5,750 shares of the company’s stock valued at $221,000 after buying an additional 725 shares in the last quarter. Wealthgarden F.S. LLC raised its stake in iShares Bitcoin Trust ETF by 44.3% in the first quarter. Wealthgarden F.S. LLC now owns 9,015 shares of the company’s stock valued at $346,000 after buying an additional 2,766 shares in the last quarter. Roberts Glore & Co. Inc. IL purchased a new stake in iShares Bitcoin Trust ETF during the 1st quarter worth about $387,000. Finally, Calamos Advisors LLC purchased a new stake in iShares Bitcoin Trust ETF during the 1st quarter worth about $1,359,000.

iShares Bitcoin Trust ETF Stock Down 1.1%

NASDAQ:IBIT opened at $36.39 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The stock has a 50-day simple moving average of $38.42 and a 200-day simple moving average of $41.64.

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.