First Citizens Bank & Trust Co. Purchases Shares of 4,580 iShares Bitcoin Trust ETF $IBIT

First Citizens Bank & Trust Co. purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,580 shares of the company’s stock, valued at approximately $280,000.

Several other large investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 80.3% in the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after purchasing an additional 13,731,993 shares during the period. Mubadala Investment Co PJSC increased its stake in shares of iShares Bitcoin Trust ETF by 6.0% in the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after purchasing an additional 491,439 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter valued at approximately $408,082,000. Crcm LP increased its stake in shares of iShares Bitcoin Trust ETF by 4.7% in the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after purchasing an additional 142,685 shares during the period. Finally, BSN CAPITAL PARTNERS Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF in the first quarter valued at approximately $133,168,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $62.83 on Monday. The firm’s 50 day moving average is $64.60 and its two-hundred day moving average is $61.74. iShares Bitcoin Trust ETF has a 52 week low of $37.47 and a 52 week high of $71.82.

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.