Centurion Wealth Management LLC Acquires New Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Centurion Wealth Management LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,732 shares of the company’s stock, valued at approximately $463,000.

A number of other large investors have also bought and sold shares of the stock. Stephens Consulting LLC increased its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC increased its stake in iShares Bitcoin Trust by 8.9% in the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after purchasing an additional 200 shares during the period. Pathway Financial Advisers LLC increased its stake in iShares Bitcoin Trust by 52.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock worth $35,000 after purchasing an additional 230 shares during the period. City Holding Co. increased its stake in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares during the period. Finally, Blue Trust Inc. increased its stake in iShares Bitcoin Trust by 5.8% in the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock worth $262,000 after purchasing an additional 270 shares during the period.

iShares Bitcoin Trust Stock Up 5.8 %

Shares of iShares Bitcoin Trust stock opened at $48.14 on Friday. The business’s 50 day simple moving average is $54.02 and its two-hundred day simple moving average is $47.68. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

About iShares Bitcoin Trust

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.