iShares Bitcoin Trust ETF $IBIT Stake Lowered by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. decreased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 78.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,232 shares of the company’s stock after selling 26,131 shares during the period. Strategic Family Wealth Counselors L.L.C.’s holdings in iShares Bitcoin Trust ETF were worth $367,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caprock Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth about $1,536,000. Kingstone Capital Partners Texas LLC grew its position in iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock valued at $4,220,000 after buying an additional 21,815 shares in the last quarter. Investment House LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at approximately $800,000. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth $711,000. Finally, Copperleaf Capital LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 16.9% in the 3rd quarter. Copperleaf Capital LLC now owns 536,552 shares of the company’s stock worth $34,876,000 after purchasing an additional 77,414 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $46.17 on Friday. The business has a fifty day simple moving average of $41.66 and a 200-day simple moving average of $46.68. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two 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.