Vienna Asset Management LLC trimmed its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) by 35.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,232 shares of the company's stock after selling 9,410 shares during the period. Vienna Asset Management LLC's holdings in iShares Bitcoin Trust ETF were worth $914,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of IBIT. Vision Financial Markets LLC purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $25,000. Union Savings Bank purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $25,000. City Holding Co. raised its stake in iShares Bitcoin Trust ETF by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 238 shares during the period. Stephens Consulting LLC raised its stake in iShares Bitcoin Trust ETF by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC raised its stake in iShares Bitcoin Trust ETF by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ:IBIT traded down $1.40 during trading hours on Friday, reaching $61.83. 61,313,559 shares of the company were exchanged, compared to its average volume of 45,736,426. iShares Bitcoin Trust ETF has a 52-week low of $28.23 and a 52-week high of $63.70. The stock has a 50 day simple moving average of $52.05 and a 200 day simple moving average of $53.23.
iShares Bitcoin Trust ETF Profile
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Free Report)
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.
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