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

Cerity Partners LLC reduced its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 26.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,154,677 shares of the company’s stock after selling 416,880 shares during the quarter. Cerity Partners LLC owned approximately 0.08% of iShares Bitcoin Trust ETF worth $57,330,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF during the third quarter worth $25,000. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the period. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $26,000. Anchor Investment Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after acquiring an additional 305 shares during the period. Finally, Financial Life Planners bought a new stake in iShares Bitcoin Trust ETF during the third quarter worth $31,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $35.14 on Wednesday. The stock’s fifty day moving average price is $41.94 and its two-hundred day moving average price is $44.46. iShares Bitcoin Trust ETF has a 1 year low of $33.48 and a 1 year high of $71.82.

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.