iShares Bitcoin Trust ETF $IBIT Shares Sold by PBCay One RSC Ltd

PBCay One RSC Ltd lessened its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 20.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 365,609 shares of the company’s stock after selling 94,991 shares during the period. iShares Bitcoin Trust ETF accounts for 1.0% of PBCay One RSC Ltd’s portfolio, making the stock its 15th biggest holding. PBCay One RSC Ltd’s holdings in iShares Bitcoin Trust ETF were worth $14,047,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $711,000. Bison Wealth LLC bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $3,140,000. Royal Bank of Canada lifted its position in iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,148 shares during the period. Jones Financial Companies Lllp boosted its stake in iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after purchasing an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in iShares Bitcoin Trust ETF during the 2nd quarter valued at $357,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $36.65 on Friday. The business has a fifty day simple moving average of $37.54 and a 200-day simple moving average of $41.18. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82.

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.