Wesbanco Bank Inc. grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,645 shares of the company’s stock after acquiring an additional 638 shares during the period. Wesbanco Bank Inc.’s holdings in iShares Bitcoin Trust were worth $5,286,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in IBIT. IMC Chicago LLC acquired a new position in iShares Bitcoin Trust during the 3rd quarter worth $323,337,000. D. E. Shaw & Co. Inc. grew its holdings in iShares Bitcoin Trust by 1,657.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after acquiring an additional 2,486,608 shares in the last quarter. Sculptor Capital LP grew its holdings in iShares Bitcoin Trust by 188.1% during the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after acquiring an additional 2,215,107 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in iShares Bitcoin Trust during the 2nd quarter worth $56,965,000. Finally, Murchinson Ltd. grew its holdings in iShares Bitcoin Trust by 87.1% during the 2nd quarter. Murchinson Ltd. now owns 1,642,535 shares of the company’s stock worth $56,076,000 after acquiring an additional 764,575 shares in the last quarter.
iShares Bitcoin Trust Stock Down 1.7 %
NASDAQ IBIT opened at $59.38 on Thursday. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $61.75. The company has a 50-day simple moving average of $55.27 and a 200-day simple moving average of $42.89.
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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