iShares Bitcoin Trust ETF $IBIT Stock Position Reduced by Integrated Advisors Network LLC

Integrated Advisors Network LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,067 shares of the company’s stock after selling 17,883 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares Bitcoin Trust ETF were worth $886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in IBIT. Anchor Investment Management LLC increased its stake in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the last quarter. Financial Life Planners acquired a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at about $31,000. Semmax Financial Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period. Marshall & Sterling Wealth Advisors Inc. grew its position in shares of iShares Bitcoin Trust ETF by 12,500.0% during the 4th 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. Finally, Sfam LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at about $26,000.

iShares Bitcoin Trust ETF Trading Down 2.5%

IBIT opened at $35.23 on Thursday. The company’s 50-day moving average price is $39.42 and its 200 day moving average price is $42.21. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82.

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.