Beck Capital Management LLC Reduces Stock Holdings in Grayscale Bitcoin Mini Trust ETF $BTC

Beck Capital Management LLC cut its stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 73.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 37,703 shares of the company’s stock after selling 106,662 shares during the period. Beck Capital Management LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $1,460,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of BTC. NewEdge Advisors LLC lifted its position in shares of Grayscale Bitcoin Mini Trust ETF by 287.2% during the first quarter. NewEdge Advisors LLC now owns 9,952 shares of the company’s stock worth $363,000 after purchasing an additional 7,382 shares in the last quarter. Cetera Investment Advisers grew its holdings in Grayscale Bitcoin Mini Trust ETF by 130.8% during the 2nd quarter. Cetera Investment Advisers now owns 14,338 shares of the company’s stock valued at $685,000 after purchasing an additional 8,127 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Grayscale Bitcoin Mini Trust ETF by 33.8% during the 2nd quarter. Raymond James Financial Inc. now owns 16,184 shares of the company’s stock valued at $773,000 after purchasing an additional 4,088 shares in the last quarter. White Knight Strategic Wealth Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF during the 2nd quarter worth $224,000. Finally, Benjamin Edwards Inc. purchased a new stake in Grayscale Bitcoin Mini Trust ETF during the 2nd quarter worth $468,000. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

NYSEARCA:BTC opened at $28.13 on Friday. The firm has a 50-day moving average of $32.58 and a two-hundred day moving average of $34.50. Grayscale Bitcoin Mini Trust ETF has a 1-year low of $26.14 and a 1-year high of $55.96.

Grayscale Bitcoin Mini Trust ETF Company Profile

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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.