Integras Partners LLC Purchases New Shares in Grayscale Bitcoin Trust ETF $GBTC

Integras Partners LLC acquired a new stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,397 shares of the company’s stock, valued at approximately $1,651,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of GBTC. Elevation Point Wealth Partners LLC acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the second quarter valued at $33,000. Atlantic Union Bankshares Corp bought a new stake in Grayscale Bitcoin Trust ETF during the 2nd quarter worth about $42,000. First Horizon Advisors Inc. increased its position in Grayscale Bitcoin Trust ETF by 36.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $49,000 after acquiring an additional 155 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in Grayscale Bitcoin Trust ETF in the 1st quarter valued at about $39,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Grayscale Bitcoin Trust ETF by 431.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,010 shares of the company’s stock worth $86,000 after acquiring an additional 820 shares during the last quarter.

Grayscale Bitcoin Trust ETF Trading Down 1.9%

Shares of GBTC stock opened at $72.20 on Wednesday. Grayscale Bitcoin Trust ETF has a 1 year low of $59.79 and a 1 year high of $99.12. The firm’s 50 day moving average is $72.65 and its 200-day moving average is $83.61. The firm has a market capitalization of $17.38 billion, a price-to-earnings ratio of 2.23 and a beta of 2.40.

About Grayscale Bitcoin Trust ETF

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.