Militia Capital Partners LP Reduces Holdings in iShares Bitcoin Trust ETF $IBIT

Militia Capital Partners LP reduced its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 38.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,290 shares of the company’s stock after selling 54,200 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 2.7% of Militia Capital Partners LP’s holdings, making the stock its 7th biggest position. Militia Capital Partners LP’s holdings in iShares Bitcoin Trust ETF were worth $5,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IBIT. McIlrath & Eck LLC lifted its position in iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after acquiring an additional 163 shares in the last quarter. Vivaldi Capital Management LP increased its holdings in iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares in the last quarter. Howard Capital Management Group LLC raised its stake in shares of iShares Bitcoin Trust ETF by 0.6% in the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after purchasing an additional 165 shares during the last quarter. Encompass Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 2.2% in the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after purchasing an additional 165 shares in the last quarter. Finally, Thoroughbred Financial Services LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 3.3% in the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after purchasing an additional 172 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 3.9%

Shares of NASDAQ:IBIT opened at $41.94 on Tuesday. The business’s 50 day moving average is $43.92 and its 200 day moving average is $53.24. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.