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 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 9,884 shares of the company’s stock, valued at approximately $400,000.

Several other large investors have also recently bought and sold shares of IBIT. Sound Income Strategies LLC acquired a new position in iShares Bitcoin Trust during the 1st quarter worth $30,000. Salem Investment Counselors Inc. acquired a new position in iShares Bitcoin Trust during the 1st quarter worth $41,000. Catalyst Private Wealth LLC acquired a new position in iShares Bitcoin Trust during the 1st quarter worth $212,000. Graybill Wealth Management LTD. acquired a new position in iShares Bitcoin Trust during the 1st quarter worth $236,000. Finally, Investment Partners Asset Management Inc. bought a new stake in shares of iShares Bitcoin Trust during the 1st quarter valued at $249,000.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock traded down $0.84 on Friday, hitting $34.14. 18,313,090 shares of the company’s stock traded hands, compared to its average volume of 32,399,723. The firm has a 50-day moving average price of $37.18. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $41.99.

About iShares Bitcoin Trust

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.