Ascension Capital Advisors Inc. Takes $419,000 Position in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Ascension Capital Advisors Inc. acquired a new position in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 74,503 shares of the company’s stock, valued at approximately $419,000. Grayscale Bitcoin Mini Trust accounts for about 0.2% of Ascension Capital Advisors Inc.’s portfolio, making the stock its 28th biggest holding. Ascension Capital Advisors Inc. owned approximately 0.23% of Grayscale Bitcoin Mini Trust as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sound Income Strategies LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $25,000. ZRC Wealth Management LLC bought a new stake in Grayscale Bitcoin Mini Trust during the third quarter valued at about $36,000. VitalStone Financial LLC purchased a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at about $57,000. Leo Wealth LLC bought a new position in Grayscale Bitcoin Mini Trust in the third quarter worth about $59,000. Finally, Good Life Advisors LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter valued at about $60,000.

Grayscale Bitcoin Mini Trust Stock Performance

NYSEARCA:BTC opened at $6.76 on Thursday. The company’s 50-day simple moving average is $5.63 and its 200-day simple moving average is $49.00. Grayscale Bitcoin Mini Trust has a fifty-two week low of $4.40 and a fifty-two week high of $6.79.