iShares Bitcoin Trust ETF $IBIT Shares Sold by Brookstone Capital Management

Brookstone Capital Management trimmed its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,708 shares of the company’s stock after selling 23,728 shares during the quarter. Brookstone Capital Management’s holdings in iShares Bitcoin Trust ETF were worth $7,731,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. StoneX Group Inc. increased its position in shares of iShares Bitcoin Trust ETF by 41.2% during the second quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock worth $4,347,000 after purchasing an additional 20,755 shares in the last quarter. Caprock Group LLC acquired a new position in iShares Bitcoin Trust ETF in the 3rd quarter valued at $1,536,000. Finer Wealth Management Inc. lifted its holdings in iShares Bitcoin Trust ETF by 136.2% in the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after purchasing an additional 22,872 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 50.6% in the third quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after buying an additional 21,815 shares in the last quarter. Finally, Calamos Wealth Management LLC lifted its stake in iShares Bitcoin Trust ETF by 81.0% in the 3rd quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock worth $3,202,000 after purchasing an additional 22,045 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $38.42 on Wednesday. The business has a 50 day simple moving average of $40.98 and a 200-day simple moving average of $51.38. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year 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.