B. Riley Wealth Advisors Inc. acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 59,464 shares of the company’s stock, valued at approximately $2,839,000. B. Riley Wealth Advisors Inc. owned approximately 0.09% of Grayscale Bitcoin Mini Trust ETF at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in BTC. Townsquare Capital LLC lifted its position in shares of Grayscale Bitcoin Mini Trust ETF by 10.1% during the first quarter. Townsquare Capital LLC now owns 11,350 shares of the company’s stock valued at $414,000 after buying an additional 1,042 shares during the last quarter. Ethos Financial Group LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $389,000. Keystone Global Partners LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $74,000. Elequin Capital LP purchased a new stake in Grayscale Bitcoin Mini Trust ETF during the first quarter valued at approximately $28,000. Finally, Venture Visionary Partners LLC acquired a new stake in Grayscale Bitcoin Mini Trust ETF in the first quarter valued at approximately $300,000. Hedge funds and other institutional investors own 27.38% of the company’s stock.
Grayscale Bitcoin Mini Trust ETF Stock Down 1.7%
Shares of BTC stock opened at $39.95 on Monday. The business’s fifty day simple moving average is $45.07 and its 200-day simple moving average is $48.13. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $33.53 and a 12-month high of $55.96.
About Grayscale Bitcoin Mini Trust ETF
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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