O Neil Global Advisors Inc. Sells 193,933 Shares of iShares Bitcoin Trust ETF $IBIT

O Neil Global Advisors Inc. lessened its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 32.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 406,378 shares of the company’s stock after selling 193,933 shares during the quarter. iShares Bitcoin Trust ETF makes up approximately 4.9% of O Neil Global Advisors Inc.’s portfolio, making the stock its 9th largest holding. O Neil Global Advisors Inc.’s holdings in iShares Bitcoin Trust ETF were worth $26,415,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Sachetta LLC increased its stake in shares of iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the last quarter. Roble Belko & Company Inc boosted its holdings in iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Highline Wealth Partners LLC increased its position in iShares Bitcoin Trust ETF by 150.0% during the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the last quarter. Semmax Financial Advisors Inc. increased its position in iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after buying an additional 284 shares during the last quarter. Finally, WFA of San Diego LLC bought a new position in iShares Bitcoin Trust ETF during the second quarter valued at about $34,000.

iShares Bitcoin Trust ETF Stock Up 0.9%

Shares of NASDAQ:IBIT opened at $38.42 on Monday. The business has a 50-day moving average of $47.30 and a two-hundred day moving average of $56.22. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82.

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.