Commonwealth Equity Services LLC trimmed its stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 77.9% during the fourth quarter, HoldingsChannel reports. The fund owned 62,506 shares of the company’s stock after selling 219,861 shares during the period. Commonwealth Equity Services LLC owned about 0.19% of Grayscale Bitcoin Mini Trust worth $2,617,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $111,916,000. HighTower Advisors LLC bought a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $7,491,000. Proficio Capital Partners LLC raised its position in Grayscale Bitcoin Mini Trust by 447.3% in the 4th quarter. Proficio Capital Partners LLC now owns 252,394 shares of the company’s stock valued at $10,568,000 after buying an additional 206,282 shares during the last quarter. RBF Capital LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the 3rd quarter valued at approximately $844,000. Finally, Beaumont Financial Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter valued at approximately $5,047,000.
Grayscale Bitcoin Mini Trust Stock Down 1.9 %
Shares of BTC opened at $38.35 on Thursday. The company has a 50 day moving average of $41.33 and a 200-day moving average of $37.86. Grayscale Bitcoin Mini Trust has a twelve month low of $22.00 and a twelve month high of $48.07.
About Grayscale Bitcoin Mini Trust
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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