Ewing Morris & Co. Investment Partners Ltd. Sells 16,821 Shares of iShares Bitcoin Trust ETF $IBIT

Ewing Morris & Co. Investment Partners Ltd. decreased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 54.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,111 shares of the company’s stock after selling 16,821 shares during the quarter. Ewing Morris & Co. Investment Partners Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $470,000 as of its most recent SEC filing.

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

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $43.79 on Thursday. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82. The business has a 50-day moving average price of $37.59 and a two-hundred day moving average price of $39.35.

iShares Bitcoin Trust ETF 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.