Retirement Planning Co of New England Inc. Purchases New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Retirement Planning Co of New England Inc. purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,517 shares of the company’s stock, valued at approximately $293,000.

Several other large investors have also recently made changes to their positions in IBIT. Pettinga Financial Advisors LLC increased its position in shares of iShares Bitcoin Trust by 34.8% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock valued at $312,000 after purchasing an additional 2,230 shares during the last quarter. Atria Investments Inc purchased a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at $558,000. Empowered Funds LLC purchased a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at $2,298,000. Longitude Cayman Ltd. increased its position in shares of iShares Bitcoin Trust by 34.8% during the 3rd quarter. Longitude Cayman Ltd. now owns 140,200 shares of the company’s stock valued at $5,065,000 after purchasing an additional 36,200 shares during the last quarter. Finally, LMR Partners LLP increased its position in shares of iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after purchasing an additional 490,000 shares during the last quarter.

iShares Bitcoin Trust Stock Down 0.2 %

Shares of iShares Bitcoin Trust stock opened at $48.06 on Tuesday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The stock has a fifty day moving average price of $53.82 and a 200-day moving average price of $47.88.

iShares Bitcoin Trust Company Profile

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.