iShares Bitcoin Trust ETF $IBIT Shares Sold by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 190,835 shares of the company’s stock after selling 42,620 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 4.1% of Quattro Financial Advisors LLC’s holdings, making the stock its 5th largest position. Quattro Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $11,681,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Atwater Malick LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter worth $528,000. Synergy Asset Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter worth $5,068,000. Verus Financial Partners Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 5.8% in the second quarter. Verus Financial Partners Inc. now owns 9,122 shares of the company’s stock worth $580,000 after buying an additional 500 shares during the last quarter. Matauro LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 57.3% in the second quarter. Matauro LLC now owns 125,189 shares of the company’s stock worth $7,663,000 after buying an additional 45,611 shares during the last quarter. Finally, J. Safra Sarasin Holding AG lifted its stake in shares of iShares Bitcoin Trust ETF by 50.1% in the second quarter. J. Safra Sarasin Holding AG now owns 96,391 shares of the company’s stock worth $5,897,000 after buying an additional 32,171 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $68.77 on Friday. The firm has a fifty day simple moving average of $65.03 and a 200-day simple moving average of $59.59. iShares Bitcoin Trust ETF has a 1-year low of $33.47 and a 1-year high of $69.89.

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.