iShares Bitcoin Trust ETF $IBIT Shares Sold by Trek Financial LLC

Trek Financial LLC cut its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 35.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 124,559 shares of the company’s stock after selling 69,116 shares during the period. Trek Financial LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NEOS Investment Management LLC increased its stake in shares of iShares Bitcoin Trust ETF by 55.4% in the 2nd quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock worth $180,584,000 after acquiring an additional 1,933,888 shares during the last quarter. Walleye Capital LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 332.4% in the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after purchasing an additional 3,319,115 shares during the last quarter. Pilgrim Partners Asia Pte Ltd grew its holdings in shares of iShares Bitcoin Trust ETF by 43.1% during the 3rd quarter. Pilgrim Partners Asia Pte Ltd now owns 2,607,600 shares of the company’s stock worth $123,444,000 after purchasing an additional 785,300 shares during the period. Pine Ridge Advisers LLC increased its position in shares of iShares Bitcoin Trust ETF by 0.7% during the 1st quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock worth $86,208,000 after purchasing an additional 16,447 shares during the last quarter. Finally, SigFig Wealth Management LLC purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter valued at about $73,942,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $43.36 on Monday. The business has a 50-day moving average of $45.89 and a 200 day moving average of $41.59. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $63.03.

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.