Three Bridge Wealth Advisors LLC Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Three Bridge Wealth Advisors LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 14.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,310 shares of the company’s stock after purchasing an additional 1,310 shares during the quarter. Three Bridge Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $631,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. American Capital Advisory LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 144.7% in the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the last quarter. Signature Resources Capital Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 81.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of iShares Bitcoin Trust ETF by 164.2% in the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares during the last quarter. Berbice Capital Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 1st quarter valued at $30,000.

iShares Bitcoin Trust ETF Trading Up 1.5%

Shares of IBIT opened at $69.81 on Friday. The company’s fifty day moving average is $65.10 and its two-hundred day moving average is $59.82. iShares Bitcoin Trust ETF has a fifty-two week low of $33.47 and a fifty-two week high of $70.53.

About iShares Bitcoin Trust ETF

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.