iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Vishria Bird Financial Group LLC

Vishria Bird Financial Group LLC cut its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,850 shares of the company’s stock after selling 443 shares during the period. iShares Bitcoin Trust accounts for 2.3% of Vishria Bird Financial Group LLC’s portfolio, making the stock its 15th largest position. Vishria Bird Financial Group LLC’s holdings in iShares Bitcoin Trust were worth $6,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in IBIT. Petredis Investment Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at about $261,000. Gradient Investments LLC increased its holdings in iShares Bitcoin Trust by 3.4% in the fourth quarter. Gradient Investments LLC now owns 27,811 shares of the company’s stock valued at $1,475,000 after buying an additional 924 shares during the last quarter. Benin Management CORP acquired a new stake in iShares Bitcoin Trust during the fourth quarter valued at approximately $313,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in iShares Bitcoin Trust during the fourth quarter valued at approximately $39,000. Finally, Midwest Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $385,000.

iShares Bitcoin Trust Price Performance

IBIT stock opened at $59.70 on Friday. The stock’s 50 day simple moving average is $55.77 and its 200 day simple moving average is $43.30. iShares Bitcoin Trust has a 12-month low of $22.58 and a 12-month high of $61.75.

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.