Verde Servicos Internacionais S.A. Trims Stake in iShares Bitcoin Trust ETF $IBIT

Verde Servicos Internacionais S.A. decreased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 50.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 655,774 shares of the company’s stock after selling 671,392 shares during the quarter. iShares Bitcoin Trust ETF comprises about 7.7% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 3rd largest position. Verde Servicos Internacionais S.A.’s holdings in iShares Bitcoin Trust ETF were worth $25,195,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. McIlrath & Eck LLC raised its position in shares of iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares in the last quarter. Vivaldi Capital Management LP grew 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 acquiring an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC increased its stake in iShares Bitcoin Trust ETF by 3.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock worth $345,000 after acquiring an additional 172 shares during the last quarter. Consolidated Portfolio Review Corp increased its stake in iShares Bitcoin Trust ETF by 2.3% during the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock worth $510,000 after acquiring an additional 174 shares during the last quarter. Finally, Gilbert & Cook Inc. raised its position in iShares Bitcoin Trust ETF by 2.5% during the fourth quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after purchasing an additional 196 shares during the period.

iShares Bitcoin Trust ETF Stock Down 3.3%

NASDAQ:IBIT opened at $35.31 on Wednesday. iShares Bitcoin Trust ETF has a 1 year low of $33.48 and a 1 year high of $71.82. The business has a 50 day simple moving average of $41.33 and a 200-day simple moving average of $43.46.

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.