Weil Company Inc. Has $2.31 Million Stock Position in Grayscale Bitcoin Mini Trust ETF $BTC

Weil Company Inc. grew its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 36.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 89,011 shares of the company’s stock after purchasing an additional 23,804 shares during the period. Weil Company Inc. owned approximately 0.07% of Grayscale Bitcoin Mini Trust ETF worth $2,310,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BTC. Measured Wealth Private Client Group LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF in the third quarter worth about $34,000. Abound Financial LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth approximately $34,000. Quattro Advisors LLC bought a new position in Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at approximately $35,000. Cornerstone Planning Group LLC boosted its position in Grayscale Bitcoin Mini Trust ETF by 498.7% in the first quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock valued at $29,000 after buying an additional 798 shares in the last quarter. Finally, Silicon Valley Capital Partners grew its stake in shares of Grayscale Bitcoin Mini Trust ETF by 215.3% during the third quarter. Silicon Valley Capital Partners now owns 1,009 shares of the company’s stock worth $51,000 after buying an additional 689 shares during the last quarter. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Performance

Shares of BTC stock opened at $27.81 on Friday. Grayscale Bitcoin Mini Trust ETF has a twelve month low of $25.65 and a twelve month high of $55.96. The stock’s fifty day simple moving average is $28.01 and its 200 day simple moving average is $30.78.

Grayscale Bitcoin Mini Trust ETF Company 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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.