iShares Bitcoin Trust ETF $IBIT Shares Sold by Tactive Advisors LLC

Tactive Advisors LLC lessened its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 31.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,761 shares of the company’s stock after selling 41,033 shares during the period. iShares Bitcoin Trust ETF accounts for approximately 1.3% of Tactive Advisors LLC’s portfolio, making the stock its 18th largest position. Tactive Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,357,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IBIT. Sachetta LLC increased its position in shares of iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares in the last quarter. Chapman Financial Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at about $25,000. Anchor Investment Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the period. Roble Belko & Company Inc boosted its position in shares of iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the period. Finally, Financial Life Planners purchased a new position in iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $31,000.

iShares Bitcoin Trust ETF Stock Down 0.1%

IBIT opened at $39.78 on Monday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The business’s 50 day moving average is $43.03 and its two-hundred day moving average is $52.62.

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.