Finer Wealth Management Inc. Lowers Stock Holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Finer Wealth Management Inc. lessened its holdings in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 59.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,082 shares of the company’s stock after selling 8,829 shares during the quarter. Finer Wealth Management Inc. owned approximately 1.87% of Grayscale Bitcoin Mini Trust worth $255,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc lifted its position in Grayscale Bitcoin Mini Trust by 18.8% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 3,076 shares of the company’s stock worth $129,000 after buying an additional 486 shares during the period. EnRich Financial Partners LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $47,000. Redwood Park Advisors LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth about $39,000. Advisory Services Network LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth about $278,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth approximately $2,305,000.

Grayscale Bitcoin Mini Trust Stock Down 1.2 %

Shares of BTC stock opened at $37.24 on Wednesday. Grayscale Bitcoin Mini Trust has a one year low of $22.00 and a one year high of $48.07. The company has a 50 day moving average price of $38.52 and a 200 day moving average price of $38.83.

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.