Huntington National Bank boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 322.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,956 shares of the company’s stock after acquiring an additional 9,123 shares during the quarter. Huntington National Bank’s holdings in iShares Bitcoin Trust were worth $634,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vision Financial Markets LLC purchased a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at $25,000. Union Savings Bank bought a new position in iShares Bitcoin Trust in the 4th quarter worth about $25,000. City Holding Co. grew 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 buying an additional 238 shares in the last quarter. Stephens Consulting LLC increased its position in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the period. Finally, Crewe Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after buying an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
IBIT stock opened at $47.71 on Friday. The firm has a 50 day moving average of $51.45 and a 200-day moving average of $49.18. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.
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.
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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 (NASDAQ:IBIT – Free Report).
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