Midwest Trust Co Purchases 12,122 Shares of iShares Bitcoin Trust ETF $IBIT

Midwest Trust Co raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 366.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,428 shares of the company’s stock after purchasing an additional 12,122 shares during the period. Midwest Trust Co’s holdings in iShares Bitcoin Trust ETF were worth $766,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IBIT. LRI Investments LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 262.5% during the fourth quarter. LRI Investments LLC now owns 18,125 shares of the company’s stock valued at $900,000 after acquiring an additional 13,125 shares in the last quarter. Apeiron RIA LLC increased its holdings in iShares Bitcoin Trust ETF by 59.8% in the 4th quarter. Apeiron RIA LLC now owns 66,445 shares of the company’s stock worth $3,019,000 after buying an additional 24,875 shares during the period. NewEdge Wealth LLC increased its holdings in iShares Bitcoin Trust ETF by 103.2% in the 4th quarter. NewEdge Wealth LLC now owns 543,422 shares of the company’s stock worth $26,981,000 after buying an additional 275,969 shares during the period. RB Capital Management LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $270,000. Finally, Financial Partners Group Inc acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth about $207,000.

iShares Bitcoin Trust ETF Stock Down 1.4%

Shares of NASDAQ IBIT opened at $45.80 on Wednesday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The firm’s 50 day simple moving average is $41.39 and its 200-day simple moving average is $46.92.

iShares Bitcoin Trust ETF 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.