HighTower Advisors LLC lowered its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 858,078 shares of the company’s stock after selling 38,086 shares during the period. HighTower Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $42,604,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of IBIT. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF in the third quarter valued at about $25,000. Anchor Investment Management LLC grew its position in iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after acquiring an additional 305 shares during the last quarter. Financial Life Planners bought a new position in iShares Bitcoin Trust ETF in the third quarter valued at about $31,000. Semmax Financial Advisors Inc. grew its position in iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Finally, Key Capital Management INC bought a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at about $26,000.
iShares Bitcoin Trust ETF Trading Up 0.0%
iShares Bitcoin Trust ETF stock opened at $44.00 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The business’s 50-day moving average price is $42.07 and its two-hundred day moving average price is $46.01.
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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