Parkside Financial Bank & Trust cut its stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 80.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 707 shares of the company’s stock after selling 2,828 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Grayscale Bitcoin Mini Trust were worth $30,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Asset Dedication LLC raised its holdings in Grayscale Bitcoin Mini Trust by 56.5% in the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock valued at $49,000 after acquiring an additional 424 shares during the period. Golden State Wealth Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $27,000. Modus Advisors LLC bought a new position in shares of Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $29,000. Harbor Investment Advisory LLC acquired a new stake in Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $40,000. Finally, Quent Capital LLC bought a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter valued at $53,000.
Grayscale Bitcoin Mini Trust Trading Up 2.1 %
BTC stock opened at $38.10 on Tuesday. Grayscale Bitcoin Mini Trust has a fifty-two week low of $22.00 and a fifty-two week high of $48.07. The business’s fifty day moving average price is $43.02 and its two-hundred day moving average price is $36.58.
Grayscale Bitcoin Mini Trust 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.
Further Reading
- Five stocks we like better than Grayscale Bitcoin Mini Trust
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- Investing in Travel Stocks Benefits
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What is Short Interest? How to Use It
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
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).
Receive News & Ratings for Grayscale Bitcoin Mini Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Mini Trust and related companies with MarketBeat.com's FREE daily email newsletter.