Gibson Capital LLC Takes Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Gibson Capital LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,047 shares of the company’s stock, valued at approximately $268,000.

Several other hedge funds have also recently bought and sold shares of the business. Townsquare Capital LLC raised its position in shares of iShares Bitcoin Trust by 20.7% in the third quarter. Townsquare Capital LLC now owns 36,627 shares of the company’s stock valued at $1,323,000 after purchasing an additional 6,279 shares during the period. Hantz Financial Services Inc. grew its stake in iShares Bitcoin Trust by 102.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,137 shares of the company’s stock valued at $77,000 after buying an additional 1,082 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares Bitcoin Trust by 6.4% in the 3rd quarter. Captrust Financial Advisors now owns 94,095 shares of the company’s stock worth $3,400,000 after acquiring an additional 5,686 shares during the period. Athos Capital Ltd lifted its position in iShares Bitcoin Trust by 22.8% during the 3rd quarter. Athos Capital Ltd now owns 247,360 shares of the company’s stock worth $8,937,000 after acquiring an additional 46,000 shares during the last quarter. Finally, Clear Street Derivatives LLC bought a new stake in iShares Bitcoin Trust during the third quarter valued at about $23,686,000.

iShares Bitcoin Trust Stock Down 1.6 %

Shares of NASDAQ:IBIT opened at $46.81 on Tuesday. The stock’s 50-day moving average is $52.38 and its 200-day moving average is $48.99. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

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.