iShares Bitcoin Trust ETF $IBIT Stock Sold by Centennial Bank AR

Centennial Bank AR reduced its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 93.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,650 shares of the company’s stock after selling 24,755 shares during the period. Centennial Bank AR’s holdings in iShares Bitcoin Trust ETF were worth $78,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. HighTower Advisors LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 1.9% during the 2nd quarter. HighTower Advisors LLC now owns 1,349,658 shares of the company’s stock worth $44,930,000 after buying an additional 24,674 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 12.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock worth $3,444,000 after purchasing an additional 11,140 shares during the last quarter. OceanIQ Capital LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $816,000. Apollon Wealth Management LLC raised its stake in shares of iShares Bitcoin Trust ETF by 122.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 26,257 shares of the company’s stock worth $1,243,000 after purchasing an additional 14,434 shares in the last quarter. Finally, Round Rock Advisors LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $3,124,000.

iShares Bitcoin Trust ETF Trading Down 3.5%

Shares of NASDAQ IBIT traded down $1.42 during trading hours on Friday, hitting $38.94. The company had a trading volume of 52,653,978 shares, compared to its average volume of 51,281,660. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $55.60. The firm’s 50 day moving average is $45.47 and its 200-day moving average is $41.11.

iShares Bitcoin Trust ETF 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.