Perigon Wealth Management LLC lifted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 24.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,378 shares of the company's stock after buying an additional 6,081 shares during the quarter. Perigon Wealth Management LLC's holdings in iShares Bitcoin Trust were worth $1,791,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Hutchens & Kramer Investment Management Group LLC bought a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $203,000. Proathlete Wealth Management LLC lifted its holdings in iShares Bitcoin Trust by 11.6% in the fourth quarter. Proathlete Wealth Management LLC now owns 138,101 shares of the company's stock worth $7,326,000 after acquiring an additional 14,366 shares during the last quarter. W Advisors LLC bought a new position in iShares Bitcoin Trust during the 4th quarter worth $218,000. Griffin Asset Management Inc. acquired a new position in iShares Bitcoin Trust during the 4th quarter valued at about $1,108,000. Finally, Fortitude Advisory Group L.L.C. acquired a new stake in iShares Bitcoin Trust in the 4th quarter valued at approximately $404,000.
iShares Bitcoin Trust Stock Up 0.6 %
iShares Bitcoin Trust stock traded up $0.38 during trading hours on Thursday, hitting $59.72. 33,264,576 shares of the company traded hands, compared to its average volume of 48,503,832. The firm's 50-day simple moving average is $56.09 and its two-hundred day simple moving average is $43.91. iShares Bitcoin Trust has a 1-year low of $24.13 and a 1-year high of $61.75.
iShares Bitcoin Trust Company Profile
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Free Report)
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.
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