79,890 Shares of iShares Bitcoin Trust ETF $IBIT Bought by Strong Retirement Solutions LLC

by · The Cerbat Gem

Strong Retirement Solutions LLC bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 79,890 shares of the company’s stock, valued at approximately $3,782,000. iShares Bitcoin Trust ETF makes up approximately 2.1% of Strong Retirement Solutions LLC’s holdings, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. E6 Portfolios LLC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at $864,000. Concurrent Investment Advisors LLC raised its stake in shares of iShares Bitcoin Trust ETF by 12.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock worth $3,444,000 after buying an additional 11,140 shares during the last quarter. OceanIQ Capital LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $816,000. J. Derek Lewis & Associates Inc. purchased a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $747,000. Finally, Broussard Financial Group LLC grew its stake in iShares Bitcoin Trust ETF by 72.4% in the 1st quarter. Broussard Financial Group LLC now owns 70,478 shares of the company’s stock valued at $2,708,000 after acquiring an additional 29,588 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT traded down $1.40 during mid-day trading on Wednesday, hitting $47.09. 32,991,231 shares of the company’s stock traded hands, compared to its average volume of 52,525,504. The firm’s 50 day simple moving average is $42.63 and its 200 day simple moving average is $40.54. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $70.59.

iShares Bitcoin Trust ETF Company Profile

(Free Report)

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.

See Also

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