iShares Bitcoin Trust ETF $IBIT Shares Sold by Austin Wealth Management LLC

Austin Wealth Management LLC reduced its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 76.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,913 shares of the company’s stock after selling 12,711 shares during the quarter. Austin Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $202,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. PFG Investments LLC increased its stake in shares of iShares Bitcoin Trust ETF by 18.9% in the 4th quarter. PFG Investments LLC now owns 33,172 shares of the company’s stock worth $1,647,000 after acquiring an additional 5,282 shares during the last quarter. PPSC Investment Service Corp increased its stake in shares of iShares Bitcoin Trust ETF by 11.3% in the 4th quarter. PPSC Investment Service Corp now owns 472,000 shares of the company’s stock worth $23,435,000 after acquiring an additional 48,000 shares during the last quarter. Consolidated Portfolio Review Corp increased its stake in shares of iShares Bitcoin Trust ETF by 27,185.5% in the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after acquiring an additional 2,134,334 shares during the last quarter. XY Planning Network Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 21.8% in the 4th quarter. XY Planning Network Inc. now owns 4,607 shares of the company’s stock worth $229,000 after acquiring an additional 825 shares during the last quarter. Finally, Valmark Advisers Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 13.6% in the 4th quarter. Valmark Advisers Inc. now owns 4,566 shares of the company’s stock worth $227,000 after acquiring an additional 548 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 1.0%

Shares of IBIT opened at $42.56 on Thursday. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82. The stock has a fifty day simple moving average of $39.28 and a two-hundred day simple moving average of $49.60.

About iShares Bitcoin Trust ETF

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.