Forvis Mazars Wealth Advisors LLC Lowers Holdings in iShares Bitcoin Trust ETF $IBIT

Forvis Mazars Wealth Advisors LLC cut its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 2.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,180 shares of the company’s stock after selling 299 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $623,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IBIT. Brighton Jones LLC bought a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Bison Wealth LLC bought a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $3,140,000. Wealth Enhancement Advisory Services LLC increased its stake in iShares Bitcoin Trust ETF by 31.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 184,869 shares of the company’s stock worth $8,654,000 after acquiring an additional 44,295 shares during the last quarter. Blue Trust Inc. increased its position in shares of iShares Bitcoin Trust ETF by 23.4% during the 1st quarter. Blue Trust Inc. now owns 6,616 shares of the company’s stock valued at $310,000 after purchasing an additional 1,256 shares during the last quarter. Finally, Avior Wealth Management LLC increased its position in shares of iShares Bitcoin Trust ETF by 39.2% during the 1st quarter. Avior Wealth Management LLC now owns 18,985 shares of the company’s stock valued at $889,000 after purchasing an additional 5,346 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $60.47 on Monday. The business’s 50 day moving average price is $65.12 and its 200-day moving average price is $61.13. iShares Bitcoin Trust ETF has a fifty-two week low of $37.09 and a fifty-two week high of $71.82.

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.