Axxcess Wealth Management LLC reduced its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 57.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,083 shares of the company's stock after selling 25,888 shares during the period. Axxcess Wealth Management LLC's holdings in iShares Bitcoin Trust were worth $689,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc purchased a new stake in iShares Bitcoin Trust in the 2nd quarter worth approximately $26,000. Asset Dedication LLC boosted its holdings in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after acquiring an additional 279 shares in the last quarter. Creekmur Asset Management LLC purchased a new position in iShares Bitcoin Trust during the 1st quarter valued at $30,000. International Assets Investment Management LLC bought a new position in iShares Bitcoin Trust in the 2nd quarter worth $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth about $36,000.
iShares Bitcoin Trust Trading Down 0.0 %
Shares of IBIT traded down $0.01 during trading hours on Wednesday, reaching $51.04. 102,802,764 shares of the company traded hands, compared to its average volume of 32,252,299. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $53.26. The company's fifty day moving average price is $37.24 and its two-hundred day moving average price is $36.42.
About iShares Bitcoin Trust
(
Free Report)
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.
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