Fiduciary Alliance LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 5.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 302,840 shares of the company’s stock after selling 18,472 shares during the period. iShares Bitcoin Trust ETF comprises 0.8% of Fiduciary Alliance LLC’s investment portfolio, making the stock its 22nd biggest position. Fiduciary Alliance LLC’s holdings in iShares Bitcoin Trust ETF were worth $12,889,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $711,000. Bison Wealth LLC bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $3,140,000. Royal Bank of Canada lifted its holdings in iShares Bitcoin Trust ETF by 3.6% during the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after acquiring an additional 2,148 shares during the period. Jones Financial Companies Lllp lifted its holdings in iShares Bitcoin Trust ETF by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after acquiring an additional 1,760 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in iShares Bitcoin Trust ETF in the second quarter worth $357,000.
iShares Bitcoin Trust ETF Stock Performance
Shares of NASDAQ:IBIT opened at $33.87 on Thursday. The business has a fifty day moving average price of $41.17 and a two-hundred day moving average price of $43.33. iShares Bitcoin Trust ETF has a 1 year low of $33.41 and a 1 year high of $71.82.
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.
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