Deltec Asset Management LLC Increases Holdings in iShares Bitcoin Trust ETF $IBIT

Deltec Asset Management LLC grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 77.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 93,650 shares of the company’s stock after acquiring an additional 41,000 shares during the quarter. iShares Bitcoin Trust ETF comprises 1.0% of Deltec Asset Management LLC’s investment portfolio, making the stock its 25th biggest holding. Deltec Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,087,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Sachetta LLC lifted its position in shares of iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the last quarter. Signature Resources Capital Management LLC raised its stake in iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after acquiring an additional 200 shares in the last quarter. RMG Wealth Management LLC acquired a new stake in iShares Bitcoin Trust ETF during the 2nd quarter worth $30,000. JFS Wealth Advisors LLC lifted its position in iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 447 shares during the last quarter. Finally, Roble Belko & Company Inc boosted its stake in iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 0.7%

IBIT opened at $51.16 on Friday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The business’s 50-day simple moving average is $52.06 and its 200-day simple moving average is $60.33.

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.