Centaurus Financial Inc. Buys 14,417 Shares of iShares Bitcoin Trust ETF $IBIT

Centaurus Financial Inc. grew its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 27.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,617 shares of the company’s stock after purchasing an additional 14,417 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares Bitcoin Trust ETF were worth $4,139,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Bison Wealth LLC purchased a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $3,140,000. Kovitz Investment Group Partners LLC raised its holdings in iShares Bitcoin Trust ETF by 41.0% in the first quarter. Kovitz Investment Group Partners LLC now owns 24,209 shares of the company’s stock worth $1,133,000 after purchasing an additional 7,039 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares Bitcoin Trust ETF by 32.6% during the first quarter. EverSource Wealth Advisors LLC now owns 21,531 shares of the company’s stock valued at $1,008,000 after buying an additional 5,292 shares during the period. Finally, Global Endowment Management LP boosted its holdings in shares of iShares Bitcoin Trust ETF by 27.3% during the 1st quarter. Global Endowment Management LP now owns 7,000 shares of the company’s stock valued at $328,000 after buying an additional 1,500 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 1.7%

Shares of iShares Bitcoin Trust ETF stock opened at $51.20 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year high of $71.82. The company has a 50-day moving average of $57.78 and a 200 day moving average of $61.71.

iShares Bitcoin Trust ETF 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.