11,223 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Bought by Sapient Capital LLC

Sapient Capital LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,223 shares of the company’s stock, valued at approximately $454,000.

Several other large investors have also bought and sold shares of the stock. Sound Income Strategies LLC acquired a new stake in iShares Bitcoin Trust during the 1st quarter worth about $30,000. Salem Investment Counselors Inc. acquired a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at about $41,000. JTC Employer Solutions Trustee Ltd acquired a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at about $84,000. AlphaMark Advisors LLC acquired a new position in iShares Bitcoin Trust during the 1st quarter valued at about $103,000. Finally, Pettinga Financial Advisors LLC acquired a new position in iShares Bitcoin Trust during the 1st quarter valued at about $204,000.

iShares Bitcoin Trust Stock Down 6.4 %

Shares of iShares Bitcoin Trust stock traded down $2.30 during mid-day trading on Tuesday, hitting $33.57. 40,955,692 shares of the stock were exchanged, compared to its average volume of 36,696,219. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $41.99. The firm’s 50-day moving average is $37.24.

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.