iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Vishria Bird Financial Group LLC

Vishria Bird Financial Group LLC decreased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 0.4% during the 4th quarter, HoldingsChannel reports. The firm owned 123,850 shares of the company’s stock after selling 443 shares during the period. iShares Bitcoin Trust comprises 2.3% of Vishria Bird Financial Group LLC’s holdings, making the stock its 15th largest position. Vishria Bird Financial Group LLC’s holdings in iShares Bitcoin Trust were worth $6,570,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Petredis Investment Advisors LLC bought a new stake in iShares Bitcoin Trust in the fourth quarter valued at $261,000. Gradient Investments LLC increased its holdings in shares of iShares Bitcoin Trust by 3.4% in the 4th quarter. Gradient Investments LLC now owns 27,811 shares of the company’s stock worth $1,475,000 after acquiring an additional 924 shares during the period. Benin Management CORP bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at about $313,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in iShares Bitcoin Trust during the 4th quarter valued at about $39,000. Finally, Midwest Financial Group LLC bought a new position in iShares Bitcoin Trust in the 4th quarter worth about $385,000.

iShares Bitcoin Trust Stock Up 1.5 %

IBIT opened at $59.70 on Friday. The business’s 50 day moving average is $55.77 and its 200-day moving average is $43.30. iShares Bitcoin Trust has a twelve month low of $22.58 and a twelve month high of $61.75.

iShares Bitcoin Trust 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.