iShares Bitcoin Trust ETF $IBIT Stock Position Decreased by Royal Harbor Partners LLC

Royal Harbor Partners LLC trimmed its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 46.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 28,880 shares of the company’s stock after selling 25,287 shares during the period. Royal Harbor Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,434,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter valued at approximately $25,000. Marshall & Sterling Wealth Advisors Inc. lifted its stake in 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 acquiring an additional 500 shares during the last quarter. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC grew its position in iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after acquiring an additional 459 shares in the last quarter. Finally, Sfam LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $26,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82. The firm’s fifty day simple moving average is $41.64 and its 200-day simple moving average is $43.78.

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.