iShares Bitcoin Trust ETF $IBIT Shares Sold by Tactive Advisors LLC
by Michael Walen · The Markets DailyTactive Advisors LLC reduced its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 35.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,794 shares of the company’s stock after selling 70,545 shares during the period. iShares Bitcoin Trust ETF accounts for 2.4% of Tactive Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Tactive Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $8,372,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of IBIT. Apeiron RIA LLC increased its position in iShares Bitcoin Trust ETF by 14.7% in the 3rd quarter. Apeiron RIA LLC now owns 41,570 shares of the company’s stock worth $2,736,000 after purchasing an additional 5,334 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 12.1% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 20,808 shares of the company’s stock valued at $1,353,000 after buying an additional 2,253 shares during the last quarter. Highline Wealth Partners LLC grew its stake in shares of iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. Welch Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at approximately $294,000. Finally, Ellenbecker Investment Group acquired a new position in iShares Bitcoin Trust ETF in the third quarter worth approximately $207,000.
iShares Bitcoin Trust ETF Stock Down 0.9%
Shares of IBIT opened at $49.65 on Wednesday. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82. The firm’s 50 day moving average price is $55.17 and its 200 day moving average price is $61.22.
About iShares Bitcoin Trust ETF
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.
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