iShares Bitcoin Trust ETF $IBIT Shares Sold by Spire Wealth Management

Spire Wealth Management decreased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 88.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,941 shares of the company’s stock after selling 87,272 shares during the quarter. Spire Wealth Management’s holdings in iShares Bitcoin Trust ETF were worth $543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sachetta LLC raised its position in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares in the last quarter. Chapman Financial Group LLC purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC boosted its position in iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares in the last quarter. Roble Belko & Company Inc grew its stake in shares of iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the period. Finally, Financial Life Planners acquired a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $31,000.

iShares Bitcoin Trust ETF Stock Up 0.6%

NASDAQ:IBIT opened at $38.64 on Thursday. The company has a 50 day moving average price of $40.74 and a 200-day moving average price of $51.29. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82.

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.