iShares Bitcoin Trust ETF $IBIT Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp grew its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 30.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 462,060 shares of the company’s stock after buying an additional 108,810 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Bitcoin Trust ETF were worth $21,874,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Three Bridge Wealth Advisors LLC acquired a new position in iShares Bitcoin Trust ETF during the 3rd quarter worth about $132,000. Endeavor Private Wealth Inc. bought a new position in shares of iShares Bitcoin Trust ETF in the third quarter worth about $243,000. Ritholtz Wealth Management lifted its position in shares of iShares Bitcoin Trust ETF by 1.0% during the third quarter. Ritholtz Wealth Management now owns 369,440 shares of the company’s stock worth $17,489,000 after purchasing an additional 3,630 shares in the last quarter. Joel Isaacson & Co. LLC grew its stake in shares of iShares Bitcoin Trust ETF by 15.1% during the third quarter. Joel Isaacson & Co. LLC now owns 30,484 shares of the company’s stock valued at $1,443,000 after purchasing an additional 3,988 shares during the last quarter. Finally, Jacobi Capital Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $52,000.

iShares Bitcoin Trust ETF Trading Down 3.5%

Shares of IBIT opened at $38.94 on Friday. The business’s fifty day moving average price is $45.47 and its two-hundred day moving average price is $41.11. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $55.60.

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.