Cerity Partners LLC lessened its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 79.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,052 shares of the company’s stock after selling 36,017 shares during the period. Cerity Partners LLC owned 2.79% of Grayscale Bitcoin Mini Trust worth $379,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Hollencrest Capital Management grew its holdings in Grayscale Bitcoin Mini Trust by 32.5% during the fourth quarter. Hollencrest Capital Management now owns 1,120 shares of the company’s stock worth $47,000 after buying an additional 275 shares in the last quarter. Asset Dedication LLC raised its holdings in shares of Grayscale Bitcoin Mini Trust by 56.5% in the fourth quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock valued at $49,000 after purchasing an additional 424 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of Grayscale Bitcoin Mini Trust during the fourth quarter valued at about $27,000. Modus Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter worth about $29,000. Finally, Mainstream Capital Management LLC purchased a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter valued at about $32,000.
Grayscale Bitcoin Mini Trust Stock Performance
NYSEARCA BTC opened at $40.56 on Wednesday. Grayscale Bitcoin Mini Trust has a 52-week low of $22.00 and a 52-week high of $48.07. The company has a 50-day simple moving average of $38.08 and a 200 day simple moving average of $39.21.
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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