NTV Asset Management LLC Sells 18,162 Shares of iShares Bitcoin Trust ETF $IBIT

NTV Asset Management LLC cut its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 214,261 shares of the company’s stock after selling 18,162 shares during the period. iShares Bitcoin Trust ETF makes up 1.1% of NTV Asset Management LLC’s investment portfolio, making the stock its 17th biggest holding. NTV Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $10,638,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $711,000. Bison Wealth LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $3,140,000. Royal Bank of Canada lifted its holdings in iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in iShares Bitcoin Trust ETF during the second quarter worth approximately $357,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $37.97 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The business’s 50 day moving average is $40.23 and its two-hundred day moving average is $51.00.

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.