Titan Global Capital Management USA LLC Sells 28,043 Shares of iShares Bitcoin Trust ETF $IBIT

Titan Global Capital Management USA LLC lowered its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 4.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 592,761 shares of the company’s stock after selling 28,043 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 3.4% of Titan Global Capital Management USA LLC’s investment portfolio, making the stock its 13th biggest holding. Titan Global Capital Management USA LLC’s holdings in iShares Bitcoin Trust ETF were worth $22,774,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. McIlrath & Eck LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares during the period. Vivaldi Capital Management LP increased its position in shares of iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares in the last quarter. McLean Asset Management Corp raised its stake in iShares Bitcoin Trust ETF by 4.2% during the 4th quarter. McLean Asset Management Corp now owns 5,012 shares of the company’s stock worth $249,000 after buying an additional 200 shares during the period. ST Germain D J Co. Inc. raised its stake in iShares Bitcoin Trust ETF by 2.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock worth $400,000 after buying an additional 220 shares during the period. Finally, Diligent Investors LLC lifted its holdings in iShares Bitcoin Trust ETF by 5.7% during the fourth quarter. Diligent Investors LLC now owns 4,153 shares of the company’s stock worth $206,000 after acquiring an additional 223 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ:IBIT opened at $36.89 on Tuesday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The stock has a 50-day moving average price of $38.05 and a two-hundred day moving average price of $41.45.

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.