Independence Bank of Kentucky Acquires 17,023 Shares of iShares Bitcoin Trust ETF $IBIT

Independence Bank of Kentucky raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17,023.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,123 shares of the company’s stock after buying an additional 17,023 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares Bitcoin Trust ETF were worth $850,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Schonfeld Strategic Advisors LLC increased its stake in shares of iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after acquiring an additional 1,093,183 shares in the last quarter. Sculptor Capital LP grew its holdings in iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after purchasing an additional 1,673,788 shares during the period. 59 North Capital Management LP bought a new stake in iShares Bitcoin Trust ETF in the third quarter valued at $169,100,000. Crcm LP raised its holdings in shares of iShares Bitcoin Trust ETF by 37.7% during the third quarter. Crcm LP now owns 2,214,074 shares of the company’s stock valued at $143,915,000 after purchasing an additional 605,992 shares during the period. Finally, Mariner Investment Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 142.3% in the 3rd quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock valued at $130,981,000 after buying an additional 1,183,414 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $37.97 on Monday. The stock’s 50 day simple moving average is $40.23 and its 200 day simple moving average is $50.79. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week 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.