iShares Bitcoin Trust ETF $IBIT Position Lowered by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. reduced its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 78.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,232 shares of the company’s stock after selling 26,131 shares during the quarter. Strategic Family Wealth Counselors L.L.C.’s holdings in iShares Bitcoin Trust ETF were worth $367,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after acquiring an additional 305 shares during the last quarter. Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at approximately $31,000. Semmax Financial Advisors Inc. raised its position in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares in the last quarter. Finally, Key Capital Management INC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $26,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $46.17 on Friday. The business’s fifty day moving average price is $41.66 and its 200 day moving average price is $46.68. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.