X Square Capital LLC Lowers Position in iShares Bitcoin Trust ETF $IBIT

X Square Capital LLC lowered its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 31.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,645 shares of the company’s stock after selling 42,088 shares during the quarter. iShares Bitcoin Trust ETF accounts for 1.5% of X Square Capital LLC’s investment portfolio, making the stock its 16th largest holding. X Square Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,600,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of IBIT. Brighton Jones LLC bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Bison Wealth LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at $3,140,000. Royal Bank of Canada increased its position in shares of iShares Bitcoin Trust ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth $357,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $35.89 on Tuesday. The firm has a 50-day moving average of $41.99 and a 200 day moving average of $44.57. iShares Bitcoin Trust ETF has a fifty-two week low of $33.48 and a fifty-two week high of $71.82.

About iShares Bitcoin Trust ETF

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.