OLD National Bancorp IN Has $10.88 Million Holdings in iShares Bitcoin Trust ETF $IBIT

OLD National Bancorp IN grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1,117.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 219,085 shares of the company’s stock after acquiring an additional 201,085 shares during the period. OLD National Bancorp IN’s holdings in iShares Bitcoin Trust ETF were worth $10,878,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IBIT. McIlrath & Eck LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after acquiring an additional 163 shares during the last quarter. Vivaldi Capital Management LP lifted its holdings in iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares during the last quarter. Howard Capital Management Group LLC lifted its holdings in iShares Bitcoin Trust ETF by 0.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock valued at $1,670,000 after purchasing an additional 165 shares during the last quarter. Encompass Wealth Advisors LLC boosted its position in iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after purchasing an additional 165 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its position in iShares Bitcoin Trust ETF by 3.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock worth $345,000 after purchasing an additional 172 shares during the period.

iShares Bitcoin Trust ETF Trading Down 1.4%

NASDAQ:IBIT opened at $44.13 on Thursday. The firm’s fifty day moving average price is $39.76 and its two-hundred day moving average price is $48.77. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82.

iShares Bitcoin Trust ETF 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.