iShares Bitcoin Trust ETF $IBIT Shares Sold by Accredited Wealth Management LLC

Accredited Wealth Management LLC trimmed its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 60.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 650 shares of the company’s stock after selling 990 shares during the quarter. Accredited Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $30,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. American Capital Advisory LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the last quarter. Berbice Capital Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after acquiring an additional 300 shares during the period. Mather Group LLC. boosted its position in iShares Bitcoin Trust ETF by 164.2% in the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after purchasing an additional 376 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter worth approximately $30,000. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter worth approximately $33,000.

iShares Bitcoin Trust ETF Stock Up 1.1%

NASDAQ:IBIT opened at $64.90 on Thursday. The company has a 50 day moving average price of $64.23 and a 200-day moving average price of $56.91. iShares Bitcoin Trust ETF has a 1-year low of $30.24 and a 1-year high of $69.89.

About iShares Bitcoin Trust ETF

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.