Integrity Alliance LLC. increased its stake in shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC – Free Report) by 175.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 14,222 shares of the company’s stock after acquiring an additional 9,063 shares during the period. Integrity Alliance LLC.’s holdings in Grayscale Bitcoin Trust ETF were worth $972,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cary Street Partners Investment Advisory LLC acquired a new position in Grayscale Bitcoin Trust ETF during the 4th quarter worth approximately $30,000. Cary Street Partners Financial LLC lifted its position in Grayscale Bitcoin Trust ETF by 2.1% during the 4th quarter. Cary Street Partners Financial LLC now owns 16,117 shares of the company’s stock worth $1,102,000 after acquiring an additional 335 shares in the last quarter. Global Assets Advisory LLC lifted its position in Grayscale Bitcoin Trust ETF by 12.3% during the 4th quarter. Global Assets Advisory LLC now owns 9,659 shares of the company’s stock worth $660,000 after acquiring an additional 1,056 shares in the last quarter. RHL Group LLC acquired a new position in Grayscale Bitcoin Trust ETF during the 4th quarter worth approximately $43,000. Finally, Axxcess Wealth Management LLC lifted its position in Grayscale Bitcoin Trust ETF by 179.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 22,010 shares of the company’s stock worth $1,505,000 after acquiring an additional 14,139 shares in the last quarter.
Grayscale Bitcoin Trust ETF Stock Performance
Grayscale Bitcoin Trust ETF stock opened at $56.94 on Friday. The stock’s 50 day moving average price is $57.95 and its 200 day moving average price is $62.51. The firm has a market capitalization of $13.71 billion, a PE ratio of 2.23 and a beta of 2.22. Grayscale Bitcoin Trust ETF has a one year low of $48.56 and a one year high of $99.12.
Grayscale Bitcoin Trust ETF Company Profile
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.
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