Keybank National Association OH Boosts Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

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

Other hedge funds and other institutional investors have also modified their holdings of the company. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. grew its holdings in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC grew its holdings 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 worth $26,000 after buying an additional 189 shares in the last quarter. Crewe Advisors LLC grew its holdings in shares of iShares Bitcoin Trust by 151.0% during 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. Finally, Beacon Capital Management LLC purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth about $28,000.

iShares Bitcoin Trust Trading Down 2.4 %

Shares of NASDAQ IBIT opened at $49.43 on Friday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The company has a 50-day simple moving average of $54.78 and a 200-day simple moving average of $47.20.

iShares Bitcoin Trust 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.