Simon Quick Advisors LLC Sells 533 Shares of iShares Bitcoin Trust ETF $IBIT

Simon Quick Advisors LLC decreased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,019 shares of the company’s stock after selling 533 shares during the period. Simon Quick Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,715,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IBIT. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Bison Wealth LLC bought a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at $3,140,000. Golden State Wealth Management LLC grew its position in iShares Bitcoin Trust ETF by 44.4% in the first quarter. Golden State Wealth Management LLC now owns 9,764 shares of the company’s stock valued at $457,000 after purchasing an additional 3,004 shares in the last quarter. Koshinski Asset Management Inc. grew its position in iShares Bitcoin Trust ETF by 7.0% in the first quarter. Koshinski Asset Management Inc. now owns 8,629 shares of the company’s stock valued at $404,000 after purchasing an additional 562 shares in the last quarter. Finally, Mather Group LLC. grew its position 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 in the last quarter.

iShares Bitcoin Trust ETF Stock Down 3.7%

iShares Bitcoin Trust ETF stock opened at $60.40 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $38.17 and a 1-year high of $71.82. The company has a fifty day simple moving average of $64.49 and a 200 day simple moving average of $62.10.

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.