iShares Bitcoin Trust ETF $IBIT Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC lowered its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.7% in the 1st quarter, Holdings Channel reports. The fund owned 23,067 shares of the company’s stock after selling 17,883 shares during the period. Integrated Advisors Network LLC’s holdings in iShares Bitcoin Trust ETF were worth $886,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of IBIT. Laurore Ltd acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $436,239,000. Mubadala Investment Co PJSC boosted its position in iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after acquiring an additional 3,975,351 shares during the period. 59 North Capital Management LP bought a new position in shares of iShares Bitcoin Trust ETF in the third quarter worth $169,100,000. Marshall Wace LLP grew its stake in shares of iShares Bitcoin Trust ETF by 229.8% in the fourth quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after purchasing an additional 2,402,259 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of iShares Bitcoin Trust ETF by 21.5% during the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after purchasing an additional 2,374,482 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

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

iShares Bitcoin Trust ETF Company 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.