International Assets Investment Management LLC Buys 170 Shares of Grayscale Bitcoin Trust ETF $GBTC

International Assets Investment Management LLC grew its holdings in shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 3.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,220 shares of the company’s stock after buying an additional 170 shares during the period. International Assets Investment Management LLC’s holdings in Grayscale Bitcoin Trust ETF were worth $443,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. BCS Wealth Management boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 1.2% during the 2nd quarter. BCS Wealth Management now owns 9,151 shares of the company’s stock worth $776,000 after buying an additional 110 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 1.5% during the 2nd quarter. Axxcess Wealth Management LLC now owns 7,871 shares of the company’s stock worth $668,000 after buying an additional 118 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 3.5% during the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 4,393 shares of the company’s stock worth $373,000 after buying an additional 150 shares in the last quarter. Belpointe Asset Management LLC boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 1.2% during the 2nd quarter. Belpointe Asset Management LLC now owns 13,446 shares of the company’s stock worth $1,141,000 after buying an additional 155 shares in the last quarter. Finally, Bulltick Wealth Management LLC boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 2.4% during the 1st quarter. Bulltick Wealth Management LLC now owns 7,659 shares of the company’s stock worth $499,000 after buying an additional 178 shares in the last quarter.

Grayscale Bitcoin Trust ETF Stock Performance

Grayscale Bitcoin Trust ETF stock opened at $87.64 on Wednesday. The stock has a market capitalization of $21.10 billion, a price-to-earnings ratio of 2.23 and a beta of 2.47. Grayscale Bitcoin Trust ETF has a 52-week low of $51.83 and a 52-week high of $99.12. The stock’s 50 day moving average price is $89.75 and its two-hundred day moving average price is $84.82.

About Grayscale Bitcoin Trust ETF

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.