Clear Street Group Inc. cut its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 47.6% in the 4th quarter, HoldingsChannel reports. The fund owned 428,753 shares of the company’s stock after selling 389,168 shares during the period. Clear Street Group Inc.’s holdings in iShares Bitcoin Trust ETF were worth $21,288,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caprock Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth about $1,536,000. Brighton Jones LLC bought a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth about $711,000. Cassaday & Co Wealth Management LLC grew its position in iShares Bitcoin Trust ETF by 247.5% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock worth $2,074,000 after purchasing an additional 22,727 shares in the last quarter. Concentrum Wealth Management grew its position in iShares Bitcoin Trust ETF by 16.8% in the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock worth $8,702,000 after purchasing an additional 19,269 shares in the last quarter. Finally, Procyon Advisors LLC grew its position in iShares Bitcoin Trust ETF by 920.1% in the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock worth $11,301,000 after purchasing an additional 205,292 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Down 0.0%
Shares of IBIT stock opened at $36.04 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $33.48 and a 52-week high of $71.82. The company has a 50-day simple moving average of $41.79 and a two-hundred day simple moving average of $44.23.
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.
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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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