iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Ion Asset Management Ltd.

Ion Asset Management Ltd. lessened its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 20.0% in the fourth quarter, Holdings Channel reports. The fund owned 80,000 shares of the company’s stock after selling 20,000 shares during the quarter. iShares Bitcoin Trust makes up about 0.2% of Ion Asset Management Ltd.’s holdings, making the stock its 25th biggest holding. Ion Asset Management Ltd.’s holdings in iShares Bitcoin Trust were worth $4,244,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IBIT. SOA Wealth Advisors LLC. grew its position in shares of iShares Bitcoin Trust by 38.5% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 1,619 shares of the company’s stock valued at $58,000 after buying an additional 450 shares during the last quarter. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of iShares Bitcoin Trust during the third quarter worth $353,000. World Investment Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 31.1% during the third quarter. World Investment Advisors LLC now owns 11,888 shares of the company’s stock valued at $430,000 after acquiring an additional 2,823 shares during the period. Tidal Investments LLC lifted its stake in iShares Bitcoin Trust by 12.4% in the 3rd quarter. Tidal Investments LLC now owns 228,354 shares of the company’s stock worth $8,250,000 after acquiring an additional 25,232 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth approximately $1,107,000.

iShares Bitcoin Trust Trading Down 0.7 %

Shares of iShares Bitcoin Trust stock opened at $53.88 on Tuesday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The stock has a 50-day simple moving average of $48.77 and a 200-day simple moving average of $50.92.

iShares Bitcoin Trust 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.