iShares Bitcoin Trust (NASDAQ:IBIT) Position Decreased by SAM Advisors LLC

SAM Advisors LLC decreased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 11.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,768 shares of the company’s stock after selling 1,425 shares during the period. SAM Advisors LLC’s holdings in iShares Bitcoin Trust were worth $571,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in IBIT. Sequoia Financial Advisors LLC lifted its stake in iShares Bitcoin Trust by 46.9% during the third quarter. Sequoia Financial Advisors LLC now owns 31,024 shares of the company’s stock valued at $1,121,000 after buying an additional 9,902 shares in the last quarter. Private Advisor Group LLC lifted its stake in iShares Bitcoin Trust by 117.9% during the third quarter. Private Advisor Group LLC now owns 335,820 shares of the company’s stock valued at $12,133,000 after buying an additional 181,700 shares in the last quarter. International Assets Investment Management LLC lifted its stake in iShares Bitcoin Trust by 3,513.0% during the third quarter. International Assets Investment Management LLC now owns 32,517 shares of the company’s stock valued at $1,175,000 after buying an additional 31,617 shares in the last quarter. Bogart Wealth LLC lifted its stake in iShares Bitcoin Trust by 76.2% during the third quarter. Bogart Wealth LLC now owns 2,313 shares of the company’s stock valued at $84,000 after buying an additional 1,000 shares in the last quarter. Finally, Dakota Wealth Management lifted its stake in iShares Bitcoin Trust by 6.2% during the third quarter. Dakota Wealth Management now owns 61,418 shares of the company’s stock valued at $2,219,000 after buying an additional 3,592 shares in the last quarter.

iShares Bitcoin Trust Stock Down 3.7 %

IBIT stock opened at $53.94 on Friday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The firm has a 50-day moving average of $56.15 and a two-hundred day moving average of $45.91.

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.