iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Keybank National Association OH

Keybank National Association OH lifted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 68.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,383 shares of the company’s stock after purchasing an additional 7,870 shares during the period. Keybank National Association OH’s holdings in iShares Bitcoin Trust were worth $1,028,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at about $25,000. City Holding Co. increased its holdings in iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC increased its holdings in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Crewe Advisors LLC increased its holdings in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter. Finally, Beacon Capital Management LLC purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $28,000.

iShares Bitcoin Trust Stock Performance

NASDAQ:IBIT opened at $49.43 on Friday. The firm has a 50-day moving average price of $54.78 and a two-hundred day moving average price of $47.20. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.

iShares Bitcoin Trust 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.