Three Bridge Wealth Advisors LLC Invests $229,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Three Bridge Wealth Advisors LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, Holdings Channel reports. The fund acquired 4,325 shares of the company’s stock, valued at approximately $229,000.

Other large investors have also recently added to or reduced their stakes in the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at about $25,000. City Holding Co. boosted its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares during the period. Stephens Consulting LLC increased its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Crewe Advisors LLC raised its position in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after purchasing an additional 302 shares during the period. Finally, PSI Advisors LLC purchased a new stake in iShares Bitcoin Trust in the fourth quarter valued at approximately $30,000.

iShares Bitcoin Trust Stock Performance

IBIT opened at $55.16 on Thursday. iShares Bitcoin Trust has a 52 week low of $27.62 and a 52 week high of $61.75. The business has a fifty day simple moving average of $56.36 and a 200-day simple moving average of $45.15.

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.