Cozad Asset Management Inc. Sells 1,646 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Cozad Asset Management Inc. lessened its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 14.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,824 shares of the company’s stock after selling 1,646 shares during the period. Cozad Asset Management Inc.’s holdings in iShares Bitcoin Trust were worth $355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Walkner Condon Financial Advisors LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth approximately $444,000. Advisor Resource Council bought a new position in iShares Bitcoin Trust during the 3rd quarter worth $219,000. Graypoint LLC lifted its holdings in shares of iShares Bitcoin Trust by 26.9% during the third quarter. Graypoint LLC now owns 16,860 shares of the company’s stock worth $609,000 after buying an additional 3,576 shares in the last quarter. Beacon Financial Advisory LLC bought a new stake in shares of iShares Bitcoin Trust in the third quarter valued at about $253,000. Finally, Avidian Wealth Enterprises LLC grew its stake in shares of iShares Bitcoin Trust by 40.3% in the third quarter. Avidian Wealth Enterprises LLC now owns 19,931 shares of the company’s stock valued at $720,000 after acquiring an additional 5,724 shares in the last quarter.

iShares Bitcoin Trust Stock Up 0.2 %

NASDAQ:IBIT opened at $43.69 on Friday. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $44.09. The firm’s 50-day simple moving average is $36.55 and its 200 day simple moving average is $36.24.

About iShares Bitcoin Trust

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.