iShares Bitcoin Trust ETF $IBIT Shares Sold by Pure Portfolios Holdings LLC

Pure Portfolios Holdings LLC lessened its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 71,921 shares of the company’s stock after selling 2,781 shares during the period. iShares Bitcoin Trust ETF makes up 1.5% of Pure Portfolios Holdings LLC’s holdings, making the stock its 18th biggest holding. Pure Portfolios Holdings LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,402,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Signature Resources Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after acquiring an additional 200 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the second quarter worth about $30,000. American Capital Advisory LLC raised its stake in shares of iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares during the last quarter. Berbice Capital Management LLC raised its stake in shares of iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after purchasing an additional 300 shares during the last quarter. Finally, Mather Group LLC. raised its stake in shares of iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after purchasing an additional 376 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $69.13 on Wednesday. iShares Bitcoin Trust ETF has a 52-week low of $33.47 and a 52-week high of $71.82. The business has a 50-day moving average price of $65.23 and a 200-day moving average price of $60.13.

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.