iShares Bitcoin Trust ETF $IBIT Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC trimmed its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 38.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,571 shares of the company’s stock after selling 21,102 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,352,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sachetta LLC boosted its stake in iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the last quarter. Chapman Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth $25,000. Roble Belko & Company Inc raised its position in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after buying an additional 200 shares during the last quarter. Financial Life Planners acquired a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at about $31,000. Finally, Highline Wealth Partners LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 150.0% in the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT traded up $1.70 on Friday, reaching $41.65. 22,015,732 shares of the company’s stock were exchanged, compared to its average volume of 70,554,570. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The stock’s fifty day moving average price is $44.36 and its 200-day moving average price is $53.68.

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.