OneAscent Financial Services LLC Reduces Stake in iShares Bitcoin Trust ETF $IBIT

OneAscent Financial Services LLC lowered its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 81.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,447 shares of the company’s stock after selling 42,062 shares during the quarter. OneAscent Financial Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. WealthShield Partners LLC boosted its position in shares of iShares Bitcoin Trust ETF by 10.3% in the third quarter. WealthShield Partners LLC now owns 36,619 shares of the company’s stock valued at $2,380,000 after acquiring an additional 3,410 shares during the period. Liberty Wealth Management LLC increased its holdings in iShares Bitcoin Trust ETF by 67.3% during the 3rd quarter. Liberty Wealth Management LLC now owns 6,407 shares of the company’s stock worth $416,000 after acquiring an additional 2,577 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its stake in iShares Bitcoin Trust ETF by 510.8% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,291 shares of the company’s stock worth $649,000 after purchasing an additional 7,770 shares in the last quarter. Maytree Asset Management Ltd purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $8,527,000. Finally, Heritage Investment Group Inc. boosted its holdings in iShares Bitcoin Trust ETF by 67.6% in the 3rd quarter. Heritage Investment Group Inc. now owns 19,880 shares of the company’s stock valued at $1,292,000 after purchasing an additional 8,017 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $49.65 on Tuesday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The company has a fifty day moving average price of $50.99 and a 200-day moving average price of $59.59.

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.