First National Trust Co Has $2.23 Million Holdings in iShares Bitcoin Trust ETF $IBIT

First National Trust Co boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 72.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,398 shares of the company’s stock after buying an additional 15,252 shares during the quarter. First National Trust Co’s holdings in iShares Bitcoin Trust ETF were worth $2,228,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nemes Rush Group LLC grew its stake in iShares Bitcoin Trust ETF by 13.1% in the 1st quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock valued at $121,000 after buying an additional 300 shares during the last quarter. Galvin Gaustad & Stein LLC grew its stake in iShares Bitcoin Trust ETF by 158.1% in the 1st quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock valued at $565,000 after buying an additional 7,400 shares during the last quarter. Brio Consultants LLC acquired a new position in iShares Bitcoin Trust ETF in the 1st quarter valued at $5,308,000. Mather Group LLC. grew its stake in iShares Bitcoin Trust ETF by 164.2% in the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after buying an additional 376 shares during the last quarter. Finally, Brighton Jones LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at $711,000.

iShares Bitcoin Trust ETF Trading Down 1.2%

NASDAQ:IBIT opened at $64.49 on Wednesday. iShares Bitcoin Trust ETF has a 1 year low of $38.17 and a 1 year high of $71.82. The firm’s fifty day simple moving average is $64.60 and its 200 day simple moving average is $62.00.

About iShares Bitcoin Trust ETF

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.