Atria Wealth Solutions Inc. Purchases 4,612 Shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Atria Wealth Solutions Inc. lifted its position in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 15.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,290 shares of the company’s stock after buying an additional 4,612 shares during the period. Atria Wealth Solutions Inc.’s holdings in Grayscale Bitcoin Trust were worth $2,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Activest Wealth Management increased its holdings in Grayscale Bitcoin Trust by 53.0% during the fourth quarter. Activest Wealth Management now owns 404 shares of the company’s stock valued at $30,000 after buying an additional 140 shares during the last quarter. Armstrong Advisory Group Inc. grew its position in shares of Grayscale Bitcoin Trust by 310.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 410 shares of the company’s stock valued at $30,000 after acquiring an additional 310 shares during the period. Financial Life Planners purchased a new stake in shares of Grayscale Bitcoin Trust in the 4th quarter worth $61,000. West Oak Capital LLC raised its holdings in Grayscale Bitcoin Trust by 53.1% in the 4th quarter. West Oak Capital LLC now owns 980 shares of the company’s stock worth $73,000 after purchasing an additional 340 shares during the period. Finally, Icon Wealth Advisors LLC purchased a new position in Grayscale Bitcoin Trust during the third quarter valued at $53,000.

Grayscale Bitcoin Trust Stock Performance

NYSEARCA:GBTC opened at $75.06 on Friday. The stock has a 50-day simple moving average of $78.25 and a two-hundred day simple moving average of $64.09. The firm has a market capitalization of $18.97 billion, a PE ratio of 2.23 and a beta of 2.51. Grayscale Bitcoin Trust has a 52-week low of $39.56 and a 52-week high of $86.11.

Grayscale Bitcoin Trust 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.