McAdam LLC Takes $214,000 Position in Grayscale Bitcoin Mini Trust ETF $BTC

McAdam LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,482 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors have also recently made changes to their positions in BTC. Parallel Advisors LLC increased its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 133.2% during the 1st quarter. Parallel Advisors LLC now owns 2,411 shares of the company’s stock valued at $88,000 after purchasing an additional 1,377 shares in the last quarter. HFG Wealth Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter valued at approximately $6,547,000. Veery Capital LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter valued at approximately $210,000. Verde Capital Management purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter valued at approximately $347,000. Finally, NBC Securities Inc. increased its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 110,800.0% during the 1st quarter. NBC Securities Inc. now owns 7,763 shares of the company’s stock valued at $283,000 after purchasing an additional 7,756 shares in the last quarter. 27.38% of the stock is owned by hedge funds and other institutional investors.

Grayscale Bitcoin Mini Trust ETF Price Performance

Grayscale Bitcoin Mini Trust ETF stock opened at $48.34 on Friday. The company’s fifty day moving average price is $50.77 and its 200 day moving average price is $46.05. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $26.10 and a 1 year high of $54.48.

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.