Grayscale Bitcoin Trust (NYSEARCA:GBTC) Shares Purchased by Trek Financial LLC

Trek Financial LLC raised its position in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,484 shares of the company’s stock after acquiring an additional 255 shares during the quarter. Trek Financial LLC’s holdings in Grayscale Bitcoin Trust were worth $406,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of GBTC. Proficio Capital Partners LLC increased its position in shares of Grayscale Bitcoin Trust by 4,462.7% during the fourth quarter. Proficio Capital Partners LLC now owns 2,103,962 shares of the company’s stock worth $155,735,000 after acquiring an additional 2,057,850 shares during the last quarter. LPL Financial LLC grew its stake in Grayscale Bitcoin Trust by 0.4% during the 4th quarter. LPL Financial LLC now owns 1,121,456 shares of the company’s stock valued at $83,010,000 after purchasing an additional 4,728 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in Grayscale Bitcoin Trust during the 4th quarter worth approximately $19,360,000. Aristides Capital LLC raised its position in shares of Grayscale Bitcoin Trust by 12.1% in the 4th quarter. Aristides Capital LLC now owns 164,931 shares of the company’s stock valued at $12,208,000 after purchasing an additional 17,800 shares in the last quarter. Finally, Foundations Investment Advisors LLC boosted its stake in shares of Grayscale Bitcoin Trust by 25.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 143,835 shares of the company’s stock valued at $10,647,000 after buying an additional 29,389 shares during the last quarter.

Grayscale Bitcoin Trust Trading Down 7.1 %

Shares of NYSEARCA:GBTC opened at $61.59 on Tuesday. The firm has a market cap of $15.10 billion, a PE ratio of 2.23 and a beta of 2.59. The company has a fifty day simple moving average of $71.23 and a 200 day simple moving average of $68.94. Grayscale Bitcoin Trust has a 12-month low of $39.56 and a 12-month high of $86.11.

Grayscale Bitcoin Trust 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.