iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by Choreo LLC

Choreo LLC lowered its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,571 shares of the company’s stock after selling 1,520 shares during the quarter. Choreo LLC’s holdings in iShares Bitcoin Trust were worth $2,216,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IBIT. Stephens Consulting LLC raised its stake in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares in the last quarter. AlphaMark Advisors LLC raised its stake in shares of iShares Bitcoin Trust by 8.9% in the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after purchasing an additional 200 shares in the last quarter. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares during the last quarter. Blue Trust Inc. grew its position in shares of iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after buying an additional 270 shares during the last quarter. Finally, Asset Dedication LLC grew its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after buying an additional 279 shares during the last quarter.

iShares Bitcoin Trust Stock Down 0.4 %

Shares of NASDAQ:IBIT opened at $55.12 on Friday. iShares Bitcoin Trust has a fifty-two week low of $24.49 and a fifty-two week high of $61.75. The firm has a 50-day simple moving average of $56.36 and a 200 day simple moving average of $44.62.

iShares Bitcoin Trust 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.