Cerity Partners LLC Sells 416,880 Shares of iShares Bitcoin Trust ETF $IBIT

Cerity Partners LLC cut its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 26.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,154,677 shares of the company’s stock after selling 416,880 shares during the period. Cerity Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $57,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Chapman Financial Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at $25,000. Anchor Investment Management LLC raised its stake in shares of iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the period. Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at $31,000. Semmax Financial Advisors Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% during the 4th 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.

iShares Bitcoin Trust ETF Trading Down 2.1%

NASDAQ:IBIT opened at $35.14 on Wednesday. iShares Bitcoin Trust ETF has a 52-week low of $33.48 and a 52-week high of $71.82. The business’s fifty day moving average is $41.94 and its 200 day moving average is $44.46.

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.