Maridea Wealth Management LLC Has $403,000 Holdings in iShares Bitcoin Trust ETF $IBIT

Maridea Wealth Management LLC lessened its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 75.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,487 shares of the company’s stock after selling 32,522 shares during the period. Maridea Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $403,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. McIlrath & Eck LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 30.3% during the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after buying an additional 163 shares in the last quarter. Vivaldi Capital Management LP raised its position in iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares during the last quarter. Consolidated Portfolio Review Corp lifted its stake in iShares Bitcoin Trust ETF by 2.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after acquiring an additional 174 shares in the last quarter. Gilbert & Cook Inc. lifted its stake in iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after acquiring an additional 196 shares in the last quarter. Finally, McLean Asset Management Corp boosted its position in iShares Bitcoin Trust ETF by 4.2% during the 4th quarter. McLean Asset Management Corp now owns 5,012 shares of the company’s stock worth $249,000 after acquiring an additional 200 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $33.85 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The company has a 50 day moving average of $40.83 and a 200-day moving average of $43.09.

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.