Crewe Advisors LLC Trims Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Crewe Advisors LLC reduced its stake in iShares Bitcoin Trust ETF (NASDAQ:IBITFree Report) by 89.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 792 shares of the company’s stock after selling 6,524 shares during the quarter. Crewe Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $48,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Capital Advisory LLC lifted its position in shares of iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares in the last quarter. Signature Resources Capital Management LLC increased its stake in iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Mather Group LLC. increased its stake in iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares during the last quarter. Berbice Capital Management LLC increased its stake in iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new position in iShares Bitcoin Trust ETF in the first quarter valued at $30,000.

iShares Bitcoin Trust ETF Trading Up 4.1%

iShares Bitcoin Trust ETF stock opened at $62.93 on Tuesday. The stock has a fifty day moving average price of $65.03 and a 200 day moving average price of $61.24. iShares Bitcoin Trust ETF has a 52 week low of $37.09 and a 52 week high of $71.82.

About iShares Bitcoin Trust ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Bitcoin Trust ETF (NASDAQ:IBIT)

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