Larson Financial Group LLC reduced its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 79.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 19,876 shares of the company’s stock after selling 79,031 shares during the quarter. Larson Financial Group LLC owned 0.06% of Grayscale Bitcoin Mini Trust worth $832,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in BTC. Pettinga Financial Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter worth $1,095,000. US Bancorp DE bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $252,000. Summit Global Investments acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at about $154,000. Capital Performance Advisors LLP bought a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $62,000. Finally, Verdence Capital Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the third quarter worth approximately $126,000.
Grayscale Bitcoin Mini Trust Trading Down 2.3 %
Shares of BTC stock opened at $38.54 on Monday. Grayscale Bitcoin Mini Trust has a one year low of $22.00 and a one year high of $48.07. The business’s 50 day simple moving average is $42.72 and its 200 day simple moving average is $36.93.
Grayscale Bitcoin Mini Trust 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.
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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 (NYSEARCA:BTC – Free Report).
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