Compagnie Lombard Odier SCmA Sells 17,006 Shares of iShares Bitcoin Trust ETF $IBIT

Compagnie Lombard Odier SCmA reduced its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 22.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,028 shares of the company’s stock after selling 17,006 shares during the period. Compagnie Lombard Odier SCmA’s holdings in iShares Bitcoin Trust ETF were worth $2,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $25,000. Sachetta LLC boosted its position in shares of iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the last quarter. Anchor Investment Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after acquiring an additional 305 shares during the last quarter. Roble Belko & Company Inc grew its holdings 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 valued at $30,000 after purchasing an additional 200 shares in the last quarter. Finally, Financial Life Planners purchased a new position in shares of iShares Bitcoin Trust ETF in the third quarter valued at $31,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $38.64 on Thursday. The company’s fifty day moving average is $40.74 and its 200 day moving average is $51.29. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two 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.