Titan Global Capital Management USA LLC Sells 26,867 Shares of iShares Bitcoin Trust ETF $IBIT

Titan Global Capital Management USA LLC decreased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 4.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 565,894 shares of the company’s stock after selling 26,867 shares during the period. iShares Bitcoin Trust ETF comprises about 2.4% of Titan Global Capital Management USA LLC’s holdings, making the stock its 16th largest holding. Titan Global Capital Management USA LLC’s holdings in iShares Bitcoin Trust ETF were worth $18,839,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. McIlrath & Eck LLC boosted its position in shares of 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 purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP grew its stake 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 period. ST Germain D J Co. Inc. grew its stake in iShares Bitcoin Trust ETF by 2.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock worth $400,000 after purchasing an additional 220 shares during the period. Channel Wealth LLC raised its holdings 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 in the last quarter. Finally, Retirement Planning Group LLC raised its holdings in iShares Bitcoin Trust ETF by 2.0% in the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after purchasing an additional 245 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $35.63 on Friday. The business has a fifty day simple moving average of $35.88 and a two-hundred day simple moving average of $39.45. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month 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.