Ewing Morris & Co. Investment Partners Ltd. Has $470,000 Holdings in iShares Bitcoin Trust ETF $IBIT

Ewing Morris & Co. Investment Partners Ltd. trimmed its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 54.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,111 shares of the company’s stock after selling 16,821 shares during the quarter. Ewing Morris & Co. Investment Partners Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $470,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of IBIT. Semmax Financial Advisors Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. grew its position in iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Sfam LLC bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC increased its holdings in iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in iShares Bitcoin Trust ETF in the 2nd quarter valued at $34,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $43.79 on Thursday. The stock’s fifty day moving average is $37.59 and its 200-day moving average is $39.35. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $71.82.

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.