HighTower Advisors LLC trimmed its stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 78.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 293,321 shares of the company’s stock after selling 1,038,117 shares during the period. HighTower Advisors LLC owned approximately 0.90% of Grayscale Bitcoin Mini Trust worth $12,281,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth approximately $111,916,000. Horizon Kinetics Asset Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth approximately $86,042,000. EagleClaw Capital Managment LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth approximately $5,719,000. One Charles Private Wealth Services LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth approximately $2,660,000. Finally, Moors & Cabot Inc. acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth approximately $2,482,000.
Grayscale Bitcoin Mini Trust Price Performance
BTC opened at $37.54 on Monday. The firm has a 50 day simple moving average of $42.11 and a 200 day simple moving average of $37.25. Grayscale Bitcoin Mini Trust has a fifty-two week low of $22.00 and a fifty-two week 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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