Verde Servicos Internacionais S.A. Trims Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Verde Servicos Internacionais S.A. reduced its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 26.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,327,166 shares of the company’s stock after selling 486,283 shares during the quarter. iShares Bitcoin Trust ETF makes up about 21.1% of Verde Servicos Internacionais S.A.’s portfolio, making the stock its largest position. Verde Servicos Internacionais S.A. owned 0.10% of iShares Bitcoin Trust ETF worth $65,894,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Caprock Group LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter worth $1,536,000. Investment House LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter worth $800,000. Brighton Jones LLC bought a new position in iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Cassaday & Co Wealth Management LLC boosted its stake in iShares Bitcoin Trust ETF by 247.5% during the third quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock worth $2,074,000 after acquiring an additional 22,727 shares in the last quarter. Finally, Concentrum Wealth Management boosted its stake in iShares Bitcoin Trust ETF by 16.8% during the third quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock worth $8,702,000 after acquiring an additional 19,269 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $43.99 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The company’s fifty day simple moving average is $41.98 and its 200 day simple moving average is $46.14.

iShares Bitcoin Trust ETF Company 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.