Clear Street Group Inc. Sells 389,168 Shares of iShares Bitcoin Trust ETF $IBIT

Clear Street Group Inc. trimmed its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 47.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 428,753 shares of the company’s stock after selling 389,168 shares during the period. Clear Street Group Inc.’s holdings in iShares Bitcoin Trust ETF were worth $21,288,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. McIlrath & Eck LLC increased its stake in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP increased its stake in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC increased its stake in iShares Bitcoin Trust ETF by 3.3% in the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after purchasing an additional 172 shares in the last quarter. Consolidated Portfolio Review Corp increased its stake in iShares Bitcoin Trust ETF by 2.3% in the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after purchasing an additional 174 shares in the last quarter. Finally, Gilbert & Cook Inc. increased its stake in iShares Bitcoin Trust ETF by 2.5% in the fourth quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after purchasing an additional 196 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.0%

IBIT opened at $36.04 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82. The company has a fifty day moving average price of $41.79 and a two-hundred day moving average price of $44.23.

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.