Simplicity Wealth LLC Sells 30,794 Shares of iShares Bitcoin Trust ETF $IBIT

Simplicity Wealth LLC reduced its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 47.2% in the second quarter, Holdings Channel reports. The fund owned 34,397 shares of the company’s stock after selling 30,794 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,145,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Semmax Financial Advisors Inc. lifted its position in iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after buying an additional 500 shares during the last quarter. Sfam LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at about $26,000. Vermillion & White Wealth Management Group LLC raised its position in shares of iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after buying an additional 459 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at about $34,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $35.63 on Monday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The stock has a 50-day moving average of $35.88 and a 200 day moving average of $39.37.

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.