iShares Bitcoin Trust ETF $IBIT Shares Bought by Meitav Investment House Ltd.

Meitav Investment House Ltd. lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 45.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,316 shares of the company’s stock after purchasing an additional 25,932 shares during the quarter. Meitav Investment House Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $3,201,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IBIT. Marshall & Sterling Wealth Advisors Inc. increased its stake in iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the period. Key Capital Management INC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after acquiring an additional 459 shares in the last quarter. Sfam LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $26,000. Finally, Anchor Investment Management LLC raised its holdings in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT traded down $0.02 during trading on Tuesday, reaching $36.10. The stock had a trading volume of 17,142,142 shares, compared to its average volume of 55,876,715. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82. The stock has a 50 day moving average of $39.75 and a two-hundred day moving average of $42.39.

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.