Gibson Capital LLC Buys New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Gibson Capital LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, Holdings Channel reports. The firm purchased 5,047 shares of the company’s stock, valued at approximately $268,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Union Savings Bank acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at $25,000. Vision Financial Markets LLC bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at $25,000. City Holding Co. raised its stake in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its holdings in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Finally, Crewe Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $46.81 on Tuesday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The company’s 50-day simple moving average is $52.38 and its 200 day simple moving average is $48.99.

iShares Bitcoin Trust 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.