Global Retirement Partners LLC Sells 11,880 Shares of iShares Bitcoin Trust ETF $IBIT

Global Retirement Partners LLC trimmed its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 4.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 258,804 shares of the company’s stock after selling 11,880 shares during the period. Global Retirement Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $12,850,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Caprock Group LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth $1,536,000. Investment House LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth $800,000. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth $711,000. Cassaday & Co Wealth Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 247.5% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock worth $2,074,000 after purchasing an additional 22,727 shares during the last quarter. Finally, Concentrum Wealth Management boosted its position in shares of iShares Bitcoin Trust ETF by 16.8% in the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock worth $8,702,000 after purchasing an additional 19,269 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $43.99 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The stock’s fifty day simple moving average is $41.98 and its 200-day simple moving average is $46.14.

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.