18,627 Shares in Grayscale Bitcoin Trust ETF $GBTC Bought by OakTrust Wealth Advisors LLC

OakTrust Wealth Advisors LLC purchased a new stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,627 shares of the company’s stock, valued at approximately $1,273,000. Grayscale Bitcoin Trust ETF makes up about 1.2% of OakTrust Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other large investors have also recently bought and sold shares of GBTC. Garton & Associates Financial Advisors LLC acquired a new position in shares of Grayscale Bitcoin Trust ETF in the 4th quarter valued at approximately $27,000. Holos Integrated Wealth LLC acquired a new stake in shares of Grayscale Bitcoin Trust ETF during the 4th quarter worth approximately $28,000. CoreCap Advisors LLC boosted its position in shares of Grayscale Bitcoin Trust ETF by 160.9% during the 4th quarter. CoreCap Advisors LLC now owns 441 shares of the company’s stock worth $30,000 after acquiring an additional 272 shares in the last quarter. Cary Street Partners Investment Advisory LLC bought a new position in Grayscale Bitcoin Trust ETF in the fourth quarter valued at approximately $30,000. Finally, RHL Group LLC bought a new position in Grayscale Bitcoin Trust ETF in the fourth quarter valued at approximately $43,000.

Grayscale Bitcoin Trust ETF Price Performance

Shares of GBTC opened at $48.80 on Friday. Grayscale Bitcoin Trust ETF has a one year low of $45.88 and a one year high of $99.12. The company has a market cap of $11.75 billion, a P/E ratio of 2.23 and a beta of 2.15. The firm has a 50 day simple moving average of $57.01 and a two-hundred day simple moving average of $60.16.

Grayscale Bitcoin Trust ETF Company Profile

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.