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Simplicity Wealth LLC Has $710,000 Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance, Insurance, And Real Estate background

Simplicity Wealth LLC cut its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 83.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,655 shares of the company's stock after selling 101,661 shares during the quarter. Simplicity Wealth LLC's holdings in iShares Bitcoin Trust were worth $710,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IBIT. Bfsg LLC lifted its stake in iShares Bitcoin Trust by 34.7% in the 2nd quarter. Bfsg LLC now owns 1,360 shares of the company's stock valued at $46,000 after buying an additional 350 shares in the last quarter. Doliver Advisors LP increased its holdings in iShares Bitcoin Trust by 4.9% in the 3rd quarter. Doliver Advisors LP now owns 7,558 shares of the company's stock valued at $273,000 after purchasing an additional 350 shares in the last quarter. Cedar Mountain Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 39.1% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company's stock valued at $46,000 after buying an additional 383 shares during the period. Mirador Capital Partners LP raised its stake in shares of iShares Bitcoin Trust by 4.0% during the third quarter. Mirador Capital Partners LP now owns 10,057 shares of the company's stock valued at $363,000 after purchasing an additional 384 shares during the period. Finally, Csenge Advisory Group increased its stake in iShares Bitcoin Trust by 3.0% during the 2nd quarter. Csenge Advisory Group now owns 14,477 shares of the company's stock worth $494,000 after buying an additional 423 shares during the period.

iShares Bitcoin Trust Trading Up 5.9 %

Shares of NASDAQ:IBIT traded up $1.99 during trading on Friday, hitting $35.94. The company's stock had a trading volume of 33,399,382 shares, compared to its average volume of 30,154,400. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The stock's 50-day moving average price is $34.22 and its two-hundred day moving average price is $36.05.

iShares Bitcoin Trust Profile

(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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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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