Midwest Trust Co increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 122.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 34,254 shares of the company’s stock after acquiring an additional 18,826 shares during the period. Midwest Trust Co’s holdings in iShares Bitcoin Trust ETF were worth $1,316,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in IBIT. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter worth about $711,000. Procyon Advisors LLC boosted its stake in iShares Bitcoin Trust ETF by 920.1% during the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after purchasing an additional 205,292 shares during the period. Step Capital Management Pte. Ltd. bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $3,724,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $714,000. Finally, BIP Wealth LLC grew its holdings in iShares Bitcoin Trust ETF by 220.4% in the 4th quarter. BIP Wealth LLC now owns 27,207 shares of the company’s stock valued at $1,351,000 after buying an additional 18,716 shares during the last quarter.
iShares Bitcoin Trust ETF Trading Down 2.8%
Shares of IBIT stock opened at $35.22 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The stock has a 50 day moving average of $38.98 and a 200-day moving average of $41.91.
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.
Featured Stories
- Five stocks we like better than iShares Bitcoin Trust ETF
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
