Kestra Advisory Services LLC lifted its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) by 23.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 135,127 shares of the company’s stock after buying an additional 25,574 shares during the period. Kestra Advisory Services LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $4,052,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Flagship Harbor Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF during the fourth quarter worth about $27,000. Strategic Advocates LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF during the third quarter worth about $28,000. Abound Financial LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth approximately $34,000. Measured Wealth Private Client Group LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF in the third quarter worth $34,000. Finally, Quattro Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at about $35,000. 27.38% of the stock is currently owned by institutional investors and hedge funds.
Grayscale Bitcoin Mini Trust ETF Trading Down 1.1%
BTC stock opened at $28.41 on Friday. The firm has a 50 day moving average of $29.95 and a 200-day moving average of $32.48. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $25.65 and a 12-month high of $55.96.
Grayscale Bitcoin Mini Trust ETF 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.
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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 ETF (NYSEARCA:BTC – Free Report).
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