Chicago Partners Investment Group LLC Sells 1,746 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Chicago Partners Investment Group LLC trimmed its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,041 shares of the company’s stock after selling 1,746 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares Bitcoin Trust were worth $856,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust during the fourth quarter worth approximately $25,000. City Holding Co. grew its position in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after buying an additional 238 shares in the last quarter. PSI Advisors LLC bought a new position in iShares Bitcoin Trust during the 4th quarter worth $30,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Bitcoin Trust during the 4th quarter worth $39,000. Finally, New Wave Wealth Advisors LLC acquired a new position in iShares Bitcoin Trust in the 4th quarter valued at $43,000.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT opened at $57.71 on Monday. iShares Bitcoin Trust has a 52 week low of $24.13 and a 52 week high of $61.75. The stock’s fifty day moving average is $56.19 and its 200 day moving average is $44.22.

iShares Bitcoin Trust 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.