iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC cut its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 33.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,503 shares of the company’s stock after selling 1,284 shares during the period. Headlands Technologies LLC’s holdings in iShares Bitcoin Trust were worth $133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IBIT. Andina Capital Management LLC grew its holdings in iShares Bitcoin Trust by 131.0% in the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after purchasing an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in iShares Bitcoin Trust by 32.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after acquiring an additional 9,266 shares during the period. Mutual Advisors LLC increased its holdings in iShares Bitcoin Trust by 65.8% in the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after acquiring an additional 62,338 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth $656,000. Finally, Stordahl Capital Management Inc. acquired a new position in iShares Bitcoin Trust during the fourth quarter worth $253,000.

iShares Bitcoin Trust Trading Up 2.4 %

Shares of NASDAQ IBIT opened at $47.71 on Friday. The company’s 50-day simple moving average is $51.45 and its 200-day simple moving average is $49.29. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week 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.