Deane Retirement Strategies Inc. Acquires 10,332 Shares of iShares Bitcoin Trust ETF $IBIT

Deane Retirement Strategies Inc. grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 46.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 32,342 shares of the company’s stock after purchasing an additional 10,332 shares during the period. Deane Retirement Strategies Inc.’s holdings in iShares Bitcoin Trust ETF were worth $2,102,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IBIT. StoneX Group Inc. grew its holdings in iShares Bitcoin Trust ETF by 41.2% during the 2nd quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock valued at $4,347,000 after buying an additional 20,755 shares in the last quarter. Finer Wealth Management Inc. boosted its position in shares of iShares Bitcoin Trust ETF by 136.2% during the second quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock worth $2,428,000 after acquiring an additional 22,872 shares during the last quarter. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at $711,000. Walkner Condon Financial Advisors LLC increased its holdings in iShares Bitcoin Trust ETF by 15.4% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 13,644 shares of the company’s stock valued at $835,000 after acquiring an additional 1,821 shares during the last quarter. Finally, Americana Partners LLC lifted its stake in iShares Bitcoin Trust ETF by 10.3% in the 2nd quarter. Americana Partners LLC now owns 18,185 shares of the company’s stock worth $1,113,000 after purchasing an additional 1,704 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 0.4%

Shares of IBIT stock opened at $50.09 on Tuesday. The company’s fifty day simple moving average is $55.45 and its two-hundred day simple moving average is $61.28. iShares Bitcoin Trust ETF has a 52 week low of $42.98 and a 52 week high of $71.82.

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.