iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC decreased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 56.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,243 shares of the company’s stock after selling 23,890 shares during the quarter. Schechter Investment Advisors LLC’s holdings in iShares Bitcoin Trust were worth $968,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Stephens Consulting LLC grew its position in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC grew its position in shares of iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after purchasing an additional 200 shares during the period. Pathway Financial Advisers LLC grew its position in shares of iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after purchasing an additional 230 shares during the period. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares during the period. Finally, Blue Trust Inc. grew its position in shares of iShares Bitcoin Trust by 5.8% in the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after purchasing an additional 270 shares during the period.

iShares Bitcoin Trust Trading Up 2.1 %

Shares of NASDAQ IBIT opened at $48.90 on Tuesday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The company’s 50-day simple moving average is $55.17 and its 200-day simple moving average is $46.93.

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.