Centennial Bank AR Acquires New Position in iShares Bitcoin Trust ETF $IBIT

Centennial Bank AR acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 1st quarter, Holdings Channel.com reports. The firm acquired 27,530 shares of the company’s stock, valued at approximately $1,058,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $711,000. Procyon Advisors LLC increased its stake in iShares Bitcoin Trust ETF by 920.1% in the fourth quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after purchasing an additional 205,292 shares in the last quarter. Step Capital Management Pte. Ltd. acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $3,724,000. Columbus Macro LLC raised its holdings in iShares Bitcoin Trust ETF by 77.0% in the fourth quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock worth $1,630,000 after purchasing an additional 14,284 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $714,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $36.35 on Friday. The company’s fifty day moving average is $38.24 and its 200-day moving average is $41.60. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82.

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.