Centurion Wealth Management LLC Lowers Position in iShares Bitcoin Trust ETF $IBIT

Centurion Wealth Management LLC trimmed its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 76.6% during the second quarter, HoldingsChannel reports. The fund owned 21,314 shares of the company’s stock after selling 69,722 shares during the quarter. Centurion Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $710,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. lifted its position in iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Key Capital Management INC purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after buying an additional 459 shares during the period. Sfam LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $26,000. Finally, Allied Private Wealth LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at approximately $28,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $36.80 on Monday. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $71.82. The company’s fifty day moving average is $36.05 and its two-hundred day moving average is $39.89.

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.