Atria Investments Inc Sells 2,534 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Atria Investments Inc trimmed its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,914 shares of the company’s stock after selling 2,534 shares during the period. Atria Investments Inc’s holdings in iShares Bitcoin Trust were worth $685,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Pettinga Financial Advisors LLC grew its stake in iShares Bitcoin Trust by 34.8% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock worth $312,000 after acquiring an additional 2,230 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in iShares Bitcoin Trust by 53.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 14,537 shares of the company’s stock worth $525,000 after acquiring an additional 5,083 shares in the last quarter. Empower Advisory Group LLC grew its stake in iShares Bitcoin Trust by 9.7% in the 3rd quarter. Empower Advisory Group LLC now owns 31,730 shares of the company’s stock worth $1,146,000 after acquiring an additional 2,799 shares in the last quarter. Empowered Funds LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter worth about $2,298,000. Finally, Vishria Bird Financial Group LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter worth about $4,491,000.

iShares Bitcoin Trust Stock Performance

Shares of IBIT stock opened at $48.14 on Friday. The company’s 50-day simple moving average is $54.02 and its two-hundred day simple moving average is $47.60. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

iShares Bitcoin Trust 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.