iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. cut its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 93.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 925 shares of the company’s stock after selling 13,677 shares during the quarter. M Holdings Securities Inc.’s holdings in iShares Bitcoin Trust were worth $49,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IBIT. Proficio Capital Partners LLC boosted its holdings in shares of iShares Bitcoin Trust by 6,401.8% during the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after purchasing an additional 4,573,794 shares during the last quarter. NINE MASTS CAPITAL Ltd grew its holdings in iShares Bitcoin Trust by 29.6% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock valued at $80,541,000 after buying an additional 346,918 shares in the last quarter. Horizon Kinetics Asset Management LLC grew its holdings in iShares Bitcoin Trust by 7.3% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 864,272 shares of the company’s stock valued at $45,850,000 after buying an additional 58,469 shares in the last quarter. Parallax Volatility Advisers L.P. raised its holdings in shares of iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after acquiring an additional 370,000 shares during the period. Finally, Clear Street Derivatives LLC acquired a new position in shares of iShares Bitcoin Trust during the 3rd quarter valued at about $23,686,000.

iShares Bitcoin Trust Price Performance

Shares of IBIT opened at $47.70 on Friday. The firm has a 50-day moving average price of $53.33 and a 200 day moving average price of $48.19. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75.

About iShares Bitcoin Trust

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.