Aprio Wealth Management LLC Sells 16,243 Shares of iShares Bitcoin Trust ETF $IBIT

Aprio Wealth Management LLC lowered its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 15.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 87,359 shares of the company’s stock after selling 16,243 shares during the period. Aprio Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,136,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Apella Capital LLC boosted its stake in iShares Bitcoin Trust ETF by 1.4% in the third quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock valued at $797,000 after buying an additional 241 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in iShares Bitcoin Trust ETF by 3.6% during the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock worth $238,000 after acquiring an additional 243 shares in the last quarter. Retirement Planning Group LLC raised its stake in iShares Bitcoin Trust ETF by 2.0% during the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after acquiring an additional 245 shares in the last quarter. WP Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 4.2% in the third quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock worth $321,000 after acquiring an additional 275 shares during the last quarter. Finally, Cushing Capital Partners LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 3.2% in the third quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock worth $460,000 after acquiring an additional 297 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $43.36 on Friday. The company’s 50 day moving average is $45.89 and its 200-day moving average is $41.59. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $63.03.

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.