iShares Bitcoin Trust ETF $IBIT Stake Decreased by Persistent Asset Partners Ltd

Persistent Asset Partners Ltd lowered its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 54.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,200 shares of the company’s stock after selling 52,800 shares during the period. iShares Bitcoin Trust ETF accounts for about 2.0% of Persistent Asset Partners Ltd’s holdings, making the stock its 8th largest holding. Persistent Asset Partners Ltd’s holdings in iShares Bitcoin Trust ETF were worth $2,873,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. StoneX Group Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 41.2% during the 2nd quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock worth $4,347,000 after acquiring an additional 20,755 shares in the last quarter. Caprock Group LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter valued at $1,536,000. Kingstone Capital Partners Texas LLC lifted its stake in iShares Bitcoin Trust ETF by 50.6% in the third quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after purchasing an additional 21,815 shares during the last quarter. Finer Wealth Management Inc. boosted its holdings in iShares Bitcoin Trust ETF by 136.2% during the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after acquiring an additional 22,872 shares during the period. Finally, Calamos Wealth Management LLC raised its stake in shares of iShares Bitcoin Trust ETF by 81.0% during the third quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock valued at $3,202,000 after acquiring an additional 22,045 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 1.4%

NASDAQ:IBIT opened at $38.07 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82. The company has a 50-day moving average of $47.55 and a 200 day moving average of $56.52.

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.