iShares Bitcoin Trust ETF $IBIT Shares Sold by McElhenny Sheffield Capital Management LLC

McElhenny Sheffield Capital Management LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 62.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,874 shares of the company’s stock after selling 16,218 shares during the period. McElhenny Sheffield Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $490,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Caprock Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth $1,536,000. Kingstone Capital Partners Texas LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 50.6% during the third quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after buying an additional 21,815 shares during the period. Calamos Wealth Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 81.0% during the third quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock worth $3,202,000 after buying an additional 22,045 shares during the period. Kercheville Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 194.4% during the third quarter. Kercheville Advisors LLC now owns 16,853 shares of the company’s stock worth $1,095,000 after buying an additional 11,128 shares during the period. Finally, Investment House LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth $800,000.

iShares Bitcoin Trust ETF Trading Up 3.4%

NASDAQ:IBIT opened at $40.42 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The firm has a fifty day simple moving average of $39.59 and a 200-day simple moving average of $50.35.

iShares Bitcoin Trust ETF 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.