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

SAM Advisors LLC decreased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 11.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,768 shares of the company’s stock after selling 1,425 shares during the quarter. SAM Advisors LLC’s holdings in iShares Bitcoin Trust were worth $571,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Stephens Consulting LLC grew its position in 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 buying an additional 189 shares in the last quarter. AlphaMark Advisors LLC grew its position in 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 buying an additional 200 shares in the last quarter. Pathway Financial Advisers LLC grew its position in iShares Bitcoin Trust by 52.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after buying an additional 230 shares in the last quarter. City Holding Co. grew its position in iShares Bitcoin Trust by 95.2% in 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 in the last quarter. Finally, Blue Trust Inc. grew its position in iShares Bitcoin Trust by 5.8% in 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 in the last quarter.

iShares Bitcoin Trust Trading Down 3.7 %

Shares of IBIT opened at $53.94 on Friday. The firm has a 50-day moving average price of $56.15 and a 200 day moving average price of $45.91. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

About iShares Bitcoin Trust

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.