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

Meitav Investment House Ltd. boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 28.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,373 shares of the company’s stock after acquiring an additional 10,351 shares during the period. Meitav Investment House Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $3,014,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sachetta LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the last quarter. Signature Resources Capital Management LLC increased its position in iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after buying an additional 200 shares during the period. RMG Wealth Management LLC bought a new stake in iShares Bitcoin Trust ETF in the second quarter valued at $30,000. JFS Wealth Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 1,277.1% during the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 447 shares during the period. Finally, Roble Belko & Company Inc boosted its holdings in shares of iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the period.

iShares Bitcoin Trust ETF Stock Up 0.4%

IBIT stock opened at $54.24 on Friday. The firm’s 50-day simple moving average is $51.59 and its 200 day simple moving average is $60.09. iShares Bitcoin Trust ETF has a fifty-two week low of $42.98 and a fifty-two 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.