Defined Financial Planning LLC Acquires Shares of 9,844 iShares Bitcoin Trust ETF $IBIT

Defined Financial Planning LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, Holdings Channel reports. The firm bought 9,844 shares of the company’s stock, valued at approximately $651,000. iShares Bitcoin Trust ETF accounts for 0.6% of Defined Financial Planning LLC’s investment portfolio, making the stock its 29th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Signature Resources Capital Management LLC increased its holdings in iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC boosted its stake in iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares during the last quarter. Berbice Capital Management LLC increased its stake in shares of iShares Bitcoin Trust ETF by 100.0% during the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after purchasing an additional 300 shares during the last quarter. Mather Group LLC. raised 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 worth $28,000 after purchasing an additional 376 shares during the period. Finally, TD Capital Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 48.9% in the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock worth $30,000 after purchasing an additional 209 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $71.29 on Tuesday. The stock has a fifty day simple moving average of $65.18 and a two-hundred day simple moving average of $60.07. iShares Bitcoin Trust ETF has a 1-year low of $33.47 and a 1-year 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.