HBW Advisory Services LLC increased its stake in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) by 21.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 8,135 shares of the company’s stock after acquiring an additional 1,440 shares during the period. HBW Advisory Services LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $388,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. Millennium Management LLC raised its stake in Grayscale Bitcoin Mini Trust ETF by 133.4% in the first quarter. Millennium Management LLC now owns 1,794,858 shares of the company’s stock worth $65,494,000 after buying an additional 1,025,947 shares in the last quarter. Sloy Dahl & Holst LLC grew its holdings in Grayscale Bitcoin Mini Trust ETF by 3.7% in the first quarter. Sloy Dahl & Holst LLC now owns 639,141 shares of the company’s stock worth $23,322,000 after purchasing an additional 22,966 shares during the period. EagleClaw Capital Managment LLC grew its holdings in Grayscale Bitcoin Mini Trust ETF by 2.5% in the first quarter. EagleClaw Capital Managment LLC now owns 209,556 shares of the company’s stock worth $7,647,000 after purchasing an additional 5,150 shares during the period. HFG Wealth Management LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the first quarter worth about $6,547,000. Finally, Reliant Wealth Planning purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the first quarter worth about $5,543,000. 27.38% of the stock is owned by institutional investors.
Grayscale Bitcoin Mini Trust ETF Stock Performance
Shares of BTC opened at $51.78 on Monday. Grayscale Bitcoin Mini Trust ETF has a fifty-two week low of $25.50 and a fifty-two week high of $54.48. The firm’s 50-day simple moving average is $50.92 and its two-hundred day simple moving average is $45.29.
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.
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