Bleakley Financial Group LLC Sells 76,846 Shares of iShares Bitcoin Trust ETF $IBIT

Bleakley Financial Group LLC trimmed its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 345,318 shares of the company’s stock after selling 76,846 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $13,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IBIT. Anchor Investment Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the last quarter. Semmax Financial Advisors Inc. increased 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 worth $33,000 after purchasing an additional 284 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its position in shares of iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Sfam LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $26,000. Finally, Key Capital Management INC bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $26,000.

iShares Bitcoin Trust ETF Stock Down 2.8%

IBIT opened at $35.22 on Tuesday. The company has a 50 day moving average of $38.98 and a 200 day moving average of $41.91. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82.

iShares Bitcoin Trust ETF 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.