Compagnie Lombard Odier SCmA Lowers Stock Position in iShares Bitcoin Trust ETF $IBIT

Compagnie Lombard Odier SCmA lessened its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 26.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 77,034 shares of the company’s stock after selling 27,970 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in iShares Bitcoin Trust ETF were worth $5,007,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sachetta LLC increased its position in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 1,277.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the last quarter. Roble Belko & Company Inc raised its position in iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the period. Highline Wealth Partners LLC raised its position in iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the period. Finally, Semmax Financial Advisors Inc. lifted its stake in iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $40.11 on Tuesday. The business has a 50 day simple moving average of $49.76 and a two-hundred day simple moving average of $57.96. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82.

About iShares Bitcoin Trust ETF

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.