SkyOak Wealth LLC Sells 24,485 Shares of iShares Bitcoin Trust ETF $IBIT

SkyOak Wealth LLC reduced its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 41.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,591 shares of the company’s stock after selling 24,485 shares during the period. SkyOak Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of IBIT. McIlrath & Eck LLC increased its position in iShares Bitcoin Trust ETF by 30.3% during the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after acquiring an additional 163 shares during the last quarter. Vivaldi Capital Management LP boosted its position in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the last quarter. Channel Wealth LLC boosted its position in iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after purchasing an additional 233 shares during the last quarter. Retirement Planning Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 2.0% during the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after purchasing an additional 245 shares during the period. Finally, Investment Partners LTD. grew its stake in shares of iShares Bitcoin Trust ETF by 0.6% during the 4th quarter. Investment Partners LTD. now owns 42,162 shares of the company’s stock valued at $2,093,000 after purchasing an additional 250 shares during the period.

iShares Bitcoin Trust ETF Stock Down 2.0%

NASDAQ IBIT opened at $43.76 on Wednesday. The company has a 50-day moving average price of $37.39 and a 200-day moving average price of $39.30. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $71.82.

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.