Cambridge Financial Group LLC Has $306,000 Stock Position in iShares Bitcoin Trust ETF $IBIT

Cambridge Financial Group LLC lowered its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 74.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,065 shares of the company’s stock after selling 18,012 shares during the quarter. Cambridge Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Chapman Financial Group LLC acquired a new position in iShares Bitcoin Trust ETF during the third quarter worth $25,000. Sachetta LLC raised its holdings in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after buying an additional 341 shares in the last quarter. Anchor Investment Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares during the last quarter. Roble Belko & Company Inc lifted its position in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the last quarter. Finally, Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth about $31,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $40.05 on Tuesday. The business’s 50-day simple moving average is $42.79 and its 200-day simple moving average is $52.46. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82.

iShares Bitcoin Trust ETF Company 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.