iShares Bitcoin Trust ETF $IBIT Stock: Integrity Alliance LLC. Reduces Position

Integrity Alliance LLC. decreased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 63.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,287 shares of the company’s stock after selling 14,271 shares during the quarter. Integrity Alliance LLC.’s holdings in iShares Bitcoin Trust ETF were worth $392,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. NEOS Investment Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 55.4% in the second quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock valued at $180,584,000 after acquiring an additional 1,933,888 shares during the period. Walleye Capital LLC grew its position in shares of iShares Bitcoin Trust ETF by 332.4% during the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after acquiring an additional 3,319,115 shares during the last quarter. Pilgrim Partners Asia Pte Ltd increased its holdings in shares of iShares Bitcoin Trust ETF by 43.1% in the 3rd quarter. Pilgrim Partners Asia Pte Ltd now owns 2,607,600 shares of the company’s stock valued at $123,444,000 after acquiring an additional 785,300 shares during the period. Pine Ridge Advisers LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 0.7% in the 1st quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock valued at $86,208,000 after acquiring an additional 16,447 shares during the period. Finally, Wealthfront Advisers LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 20.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock valued at $58,612,000 after acquiring an additional 300,119 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.3%

IBIT stock opened at $42.88 on Friday. The company has a fifty day moving average price of $45.81 and a 200 day moving average price of $41.35. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $60.36.

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.