X Square Capital LLC trimmed its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 223,396 shares of the company’s stock after selling 1,000 shares during the period. iShares Bitcoin Trust makes up about 3.5% of X Square Capital LLC’s portfolio, making the stock its biggest position. X Square Capital LLC’s holdings in iShares Bitcoin Trust were worth $8,071,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of IBIT. FinTrust Capital Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the 1st quarter valued at $26,000. Creekmur Asset Management LLC acquired a new position in shares of iShares Bitcoin Trust in the 1st quarter valued at $30,000. Sound Income Strategies LLC acquired a new position in shares of iShares Bitcoin Trust in the 1st quarter valued at $30,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at $26,000. Finally, Asset Dedication LLC lifted its stake in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares during the period.
iShares Bitcoin Trust Trading Down 1.6 %
IBIT opened at $37.81 on Thursday. The firm has a fifty day moving average price of $35.06 and a 200 day moving average price of $36.00. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $41.99.
iShares Bitcoin Trust 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.
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