US Bancorp DE Has $34.27 Million Stock Position in iShares Bitcoin Trust ETF $IBIT

US Bancorp DE raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 79.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 690,208 shares of the company’s stock after acquiring an additional 306,107 shares during the period. US Bancorp DE owned about 0.05% of iShares Bitcoin Trust ETF worth $34,269,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Sachetta LLC raised its holdings in iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares in the last quarter. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $25,000. Key Capital Management INC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Anchor Investment Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares in the last quarter. Finally, Roble Belko & Company Inc raised its holdings in shares of iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $44.47 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The stock has a 50 day simple moving average of $40.40 and a 200-day simple moving average of $47.85.

iShares Bitcoin Trust ETF 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.