iShares Bitcoin Trust ETF $IBIT Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC trimmed its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 19.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,585 shares of the company’s stock after selling 2,386 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of IBIT. Cascade Financial Partners LLC grew its holdings in iShares Bitcoin Trust ETF by 34.6% during the second quarter. Cascade Financial Partners LLC now owns 7,767 shares of the company’s stock worth $475,000 after acquiring an additional 1,995 shares during the period. Mayport LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at about $397,000. Nwam LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $266,000. Americana Partners LLC grew its stake in shares of iShares Bitcoin Trust ETF by 10.3% in the 2nd quarter. Americana Partners LLC now owns 18,185 shares of the company’s stock worth $1,113,000 after purchasing an additional 1,704 shares during the last quarter. Finally, Hughes Financial Services LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 160.1% in the 2nd quarter. Hughes Financial Services LLC now owns 619 shares of the company’s stock worth $41,000 after purchasing an additional 381 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $58.35 on Wednesday. iShares Bitcoin Trust ETF has a 1-year low of $42.98 and a 1-year high of $71.82. The company has a 50 day moving average price of $63.85 and a 200 day moving average price of $62.76.

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.