12,182 iShares Bitcoin Trust ETF $IBIT Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. reduced its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 19.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 49,547 shares of the company’s stock after selling 12,182 shares during the quarter. M Holdings Securities Inc.’s holdings in iShares Bitcoin Trust ETF were worth $2,196,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IBIT. William Mack & Associates Inc. acquired a new position in iShares Bitcoin Trust ETF in the third quarter valued at approximately $33,000. Horizons Wealth Management acquired a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $37,000. Hilton Head Capital Partners LLC raised its position in shares of iShares Bitcoin Trust ETF by 501.5% during the 3rd quarter. Hilton Head Capital Partners LLC now owns 794 shares of the company’s stock worth $38,000 after purchasing an additional 662 shares during the period. Allied Private Wealth LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $28,000. Finally, MADDEN SECURITIES Corp bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $38,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $42.32 on Tuesday. The stock has a fifty day moving average price of $45.78 and a 200 day moving average price of $41.30. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $60.36.

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.