iShares Bitcoin Trust ETF $IBIT Stock Holdings Reduced by Tamar Securities LLC

Tamar Securities LLC decreased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 73.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,753 shares of the company’s stock after selling 12,904 shares during the quarter. Tamar Securities LLC’s holdings in iShares Bitcoin Trust ETF were worth $225,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Apella Capital LLC increased its position in shares of iShares Bitcoin Trust ETF by 1.4% in the 3rd quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock valued at $797,000 after acquiring an additional 241 shares during the period. TD Waterhouse Canada Inc. lifted its position in iShares Bitcoin Trust ETF by 3.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock worth $238,000 after acquiring an additional 243 shares during the period. Retirement Planning Group LLC grew its stake in iShares Bitcoin Trust ETF by 2.0% during the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after purchasing an additional 245 shares during the last quarter. WP Advisors LLC grew its stake in iShares Bitcoin Trust ETF by 4.2% during the 3rd quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock valued at $321,000 after purchasing an additional 275 shares during the last quarter. Finally, Cushing Capital Partners LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 3.2% in the third quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock valued at $460,000 after purchasing an additional 297 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT traded down $0.15 on Friday, hitting $42.88. 42,622,232 shares of the company’s stock traded hands, compared to its average volume of 51,437,898. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $60.36. The firm’s 50-day moving average price is $45.81 and its two-hundred day moving average price is $41.35.

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.