Winch Advisory Services LLC Boosts Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

Winch Advisory Services LLC lifted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 19.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,532 shares of the company’s stock after acquiring an additional 567 shares during the quarter. Winch Advisory Services LLC’s holdings in iShares Bitcoin Trust were worth $187,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Glass Jacobson Investment Advisors llc acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at approximately $26,000. Asset Dedication LLC increased its stake in shares of iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after buying an additional 279 shares during the last quarter. PSI Advisors LLC acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at $30,000. West Financial Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $40,000. Finally, Brown Brothers Harriman & Co. bought a new stake in iShares Bitcoin Trust in the second quarter valued at about $43,000.

iShares Bitcoin Trust Stock Up 3.3 %

NASDAQ:IBIT opened at $56.64 on Thursday. The business’s 50 day moving average is $54.29 and its two-hundred day moving average is $42.14. iShares Bitcoin Trust has a 52 week low of $22.02 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.