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

Quattro Financial Advisors LLC cut its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 32.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 132,107 shares of the company’s stock after selling 64,869 shares during the period. iShares Bitcoin Trust ETF comprises about 1.3% of Quattro Financial Advisors LLC’s investment portfolio, making the stock its 20th largest position. Quattro Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,254,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Concurrent Investment Advisors LLC increased its stake in shares of iShares Bitcoin Trust ETF by 12.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock worth $3,444,000 after purchasing an additional 11,140 shares during the last quarter. OceanIQ Capital LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $816,000. Round Rock Advisors LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $3,124,000. J. Derek Lewis & Associates Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $747,000. Finally, Broussard Financial Group LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 72.4% in the 1st quarter. Broussard Financial Group LLC now owns 70,478 shares of the company’s stock valued at $2,708,000 after purchasing an additional 29,588 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Up 0.8%

Shares of NASDAQ:IBIT opened at $46.59 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $65.97. The firm has a fifty day moving average price of $44.08 and a 200 day moving average price of $40.90.

iShares Bitcoin Trust ETF Company 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.