iShares Bitcoin Trust ETF $IBIT Stake Raised by Meitav Investment House Ltd.

Meitav Investment House Ltd. raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 45.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,316 shares of the company’s stock after acquiring an additional 25,932 shares during the quarter. Meitav Investment House Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $3,201,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC acquired a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $711,000. Bison Wealth LLC acquired a new position in iShares Bitcoin Trust ETF in the fourth quarter worth approximately $3,140,000. Royal Bank of Canada grew its position in iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after buying an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares Bitcoin Trust ETF by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after buying an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF in the second quarter valued at $357,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT traded down $0.02 on Tuesday, reaching $36.10. 17,142,142 shares of the company traded hands, compared to its average volume of 55,876,715. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82. The company’s 50 day moving average is $39.75 and its 200-day moving average is $42.39.

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.