Perigon Wealth Management LLC Purchases 53,756 Shares of iShares Bitcoin Trust ETF $IBIT

Perigon Wealth Management LLC raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 76.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 123,898 shares of the company’s stock after buying an additional 53,756 shares during the period. Perigon Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,152,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IBIT. Capula Management Ltd boosted its position in iShares Bitcoin Trust ETF by 22.5% during the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after buying an additional 1,739,073 shares during the period. Schonfeld Strategic Advisors LLC increased its position in iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after acquiring an additional 1,093,183 shares during the period. Sculptor Capital LP raised its stake in shares of iShares Bitcoin Trust ETF by 59.5% during the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after acquiring an additional 1,673,788 shares during the last quarter. 59 North Capital Management LP acquired a new position in shares of iShares Bitcoin Trust ETF during the third quarter worth $169,100,000. Finally, Crcm LP lifted its holdings in shares of iShares Bitcoin Trust ETF by 37.7% during the third quarter. Crcm LP now owns 2,214,074 shares of the company’s stock worth $143,915,000 after purchasing an additional 605,992 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $37.97 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The stock has a fifty day simple moving average of $40.23 and a 200 day simple moving average of $51.00.

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.