Centurion Wealth Management LLC Invests $463,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Centurion Wealth Management LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,732 shares of the company’s stock, valued at approximately $463,000.

Several other large investors have also added to or reduced their stakes in the stock. Vision Financial Markets LLC purchased a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at about $25,000. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at about $25,000. City Holding Co. raised its holdings in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC raised its holdings in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.

iShares Bitcoin Trust Stock Up 5.8 %

NASDAQ:IBIT opened at $48.14 on Friday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The business’s 50-day moving average price is $54.02 and its two-hundred day moving average price is $47.68.

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.