Huntington National Bank Acquires 9,123 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Huntington National Bank increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 322.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,956 shares of the company’s stock after acquiring an additional 9,123 shares during the quarter. Huntington National Bank’s holdings in iShares Bitcoin Trust were worth $634,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vision Financial Markets LLC bought a new position in iShares Bitcoin Trust during the fourth quarter valued at about $25,000. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at approximately $25,000. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the period. Stephens Consulting LLC increased its stake in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after purchasing an additional 302 shares during the period.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $47.71 on Friday. The stock has a fifty day simple moving average of $51.45 and a two-hundred day simple moving average of $49.18. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75.

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.