iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC cut its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 38.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 3,663 shares of the company’s stock after selling 2,256 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares Bitcoin Trust were worth $125,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bfsg LLC lifted its position in iShares Bitcoin Trust by 34.7% during the 2nd quarter. Bfsg LLC now owns 1,360 shares of the company’s stock worth $46,000 after acquiring an additional 350 shares in the last quarter. Cedar Mountain Advisors LLC lifted its position in iShares Bitcoin Trust by 39.1% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company’s stock worth $46,000 after acquiring an additional 383 shares in the last quarter. Csenge Advisory Group lifted its position in iShares Bitcoin Trust by 3.0% during the 2nd quarter. Csenge Advisory Group now owns 14,477 shares of the company’s stock worth $494,000 after acquiring an additional 423 shares in the last quarter. Masso Torrence Wealth Management Inc. lifted its position in iShares Bitcoin Trust by 5.3% during the 2nd quarter. Masso Torrence Wealth Management Inc. now owns 8,662 shares of the company’s stock worth $296,000 after acquiring an additional 435 shares in the last quarter. Finally, Burkett Financial Services LLC increased its holdings in iShares Bitcoin Trust by 94.0% during the 2nd quarter. Burkett Financial Services LLC now owns 1,168 shares of the company’s stock worth $40,000 after purchasing an additional 566 shares during the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT stock opened at $34.04 on Friday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The stock’s 50 day moving average is $34.51 and its two-hundred day moving average is $36.42.

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.