Perigon Wealth Management LLC Sells 46,834 Shares of iShares Bitcoin Trust ETF $IBIT

Perigon Wealth Management LLC trimmed its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 36.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 82,976 shares of the company’s stock after selling 46,834 shares during the period. Perigon Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,762,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Marshall & Sterling Wealth Advisors Inc. increased its position 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 last quarter. Vermillion & White Wealth Management Group LLC lifted its position in iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after buying an additional 459 shares during the last quarter. Sfam LLC purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter worth $26,000. Allied Private Wealth LLC purchased a new position in iShares Bitcoin Trust ETF during the second quarter worth $28,000. Finally, Semmax Financial Advisors Inc. increased its position in iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $36.42 on Tuesday. The company’s fifty day simple moving average is $35.89 and its 200-day simple moving average is $39.27. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month 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.