Kingswood Wealth Advisors LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) by 27.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,590 shares of the company’s stock after acquiring an additional 21,369 shares during the period. Kingswood Wealth Advisors LLC owned 0.08% of Grayscale Bitcoin Mini Trust ETF worth $3,643,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its position in shares of Grayscale Bitcoin Mini Trust ETF by 498.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock worth $29,000 after purchasing an additional 798 shares during the period. Western Wealth Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 1st quarter valued at $46,000. Global Assets Advisory LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $51,000. Ascentis Independent Advisors acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $58,000. Finally, Ares Financial Consulting LLC increased its position in shares of Grayscale Bitcoin Mini Trust ETF by 104.3% during the second quarter. Ares Financial Consulting LLC now owns 3,324 shares of the company’s stock worth $86,000 after buying an additional 1,697 shares during the period. Institutional investors and hedge funds own 27.38% of the company’s stock.
Grayscale Bitcoin Mini Trust ETF Price Performance
Shares of NYSEARCA BTC opened at $35.29 on Tuesday. Grayscale Bitcoin Mini Trust ETF has a twelve month low of $25.65 and a twelve month high of $51.43. The firm has a fifty day simple moving average of $35.39 and a 200 day simple moving average of $32.55.
About Grayscale Bitcoin Mini Trust ETF
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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