Oarsman Capital Inc. trimmed its stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 80.1% during the fourth quarter, HoldingsChannel reports. The fund owned 702 shares of the company’s stock after selling 2,821 shares during the period. Oarsman Capital Inc.’s holdings in Grayscale Bitcoin Mini Trust were worth $29,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors bought a new stake in Grayscale Bitcoin Mini Trust in the 3rd quarter valued at approximately $286,000. HighTower Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $7,491,000. Integrated Wealth Concepts LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter worth $207,000. Stifel Financial Corp acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $159,000. Finally, PYA Waltman Capital LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $219,000.
Grayscale Bitcoin Mini Trust Price Performance
Shares of NYSEARCA:BTC opened at $37.21 on Monday. The company’s 50-day moving average price is $40.10 and its two-hundred day moving average price is $38.50. Grayscale Bitcoin Mini Trust has a one year low of $22.00 and a one year high of $48.07.
About Grayscale Bitcoin Mini Trust
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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Want to see what other hedge funds are holding BTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report).
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