OLD National Bancorp IN Has $946,000 Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

OLD National Bancorp IN raised its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 12.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,833 shares of the company’s stock after purchasing an additional 2,020 shares during the quarter. OLD National Bancorp IN’s holdings in iShares Bitcoin Trust were worth $946,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of IBIT. Renaissance Technologies LLC bought a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth about $505,000. Thrivent Financial for Lutherans grew its stake in iShares Bitcoin Trust by 12.7% during the second quarter. Thrivent Financial for Lutherans now owns 15,505 shares of the company’s stock worth $529,000 after buying an additional 1,748 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares Bitcoin Trust by 40.7% during the second quarter. NewEdge Advisors LLC now owns 37,227 shares of the company’s stock worth $1,271,000 after buying an additional 10,762 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares Bitcoin Trust in the second quarter valued at approximately $984,000. Finally, EP Wealth Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust by 27.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 10,786 shares of the company’s stock worth $368,000 after acquiring an additional 2,319 shares in the last quarter.

iShares Bitcoin Trust Stock Down 3.4 %

IBIT stock opened at $57.71 on Friday. The business has a fifty day moving average price of $56.17 and a 200 day moving average price of $44.02. iShares Bitcoin Trust has a fifty-two week low of $24.13 and a fifty-two week high of $61.75.

iShares Bitcoin Trust 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.