Independent Advisor Alliance purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 17,469 shares of the company’s stock, valued at approximately $677,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth $27,000. Strategic Advocates LLC bought a new position in Grayscale Bitcoin Mini Trust ETF during the third quarter worth about $28,000. Measured Wealth Private Client Group LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF in the third quarter valued at about $34,000. Ares Financial Consulting LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at about $40,000. Finally, Westfuller Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the third quarter worth about $41,000. Institutional investors and hedge funds own 27.38% of the company’s stock.
Grayscale Bitcoin Mini Trust ETF Stock Down 2.9%
NYSEARCA BTC opened at $34.98 on Friday. The stock’s 50-day moving average is $32.57 and its 200-day moving average is $36.42. Grayscale Bitcoin Mini Trust ETF has a one year low of $27.55 and a one year high of $55.96.
Grayscale Bitcoin Mini Trust ETF Company Profile
The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin. BTC was launched on Jul 31, 2024 and is issued by Grayscale.
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Want to see what other hedge funds are holding BTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report).
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