iShares Bitcoin Trust ETF $IBIT Shares Sold by StoneX Group Inc.

StoneX Group Inc. decreased its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 67.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,087 shares of the company’s stock after selling 51,557 shares during the period. StoneX Group Inc.’s holdings in iShares Bitcoin Trust ETF were worth $1,188,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. NEOS Investment Management LLC increased its stake in iShares Bitcoin Trust ETF by 55.4% during the 2nd quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock valued at $180,584,000 after purchasing an additional 1,933,888 shares in the last quarter. Walleye Capital LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 332.4% in the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after buying an additional 3,319,115 shares in the last quarter. Pilgrim Partners Asia Pte Ltd lifted its stake in shares of iShares Bitcoin Trust ETF by 43.1% in the third quarter. Pilgrim Partners Asia Pte Ltd now owns 2,607,600 shares of the company’s stock worth $123,444,000 after buying an additional 785,300 shares in the last quarter. Pine Ridge Advisers LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 0.7% during the first quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock valued at $86,208,000 after buying an additional 16,447 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 20.5% during the second quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock valued at $58,612,000 after buying an additional 300,119 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $42.32 on Tuesday. The firm has a 50 day moving average of $45.78 and a 200 day moving average of $41.30. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $60.36.

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.