19,275 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by AMG National Trust Bank

AMG National Trust Bank bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 1st quarter, Holdings Channel.com reports. The fund bought 19,275 shares of the company’s stock, valued at approximately $741,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. Brighton Jones LLC acquired a new position in iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Bison Wealth LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $3,140,000. Royal Bank of Canada grew its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after buying an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares Bitcoin Trust ETF by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after buying an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $357,000.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $36.81 on Thursday. The stock’s 50-day moving average price is $38.60 and its 200 day moving average price is $41.73. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82.

iShares Bitcoin Trust ETF Company 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.