Grayscale Bitcoin Trust ETF $GBTC Position Lowered by EagleClaw Capital Managment LLC

EagleClaw Capital Managment LLC decreased its position in shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 344,184 shares of the company’s stock after selling 14,032 shares during the quarter. Grayscale Bitcoin Trust ETF makes up approximately 3.0% of EagleClaw Capital Managment LLC’s portfolio, making the stock its 5th biggest position. EagleClaw Capital Managment LLC owned 0.18% of Grayscale Bitcoin Trust ETF worth $22,231,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Moors & Cabot Inc. grew its holdings in shares of Grayscale Bitcoin Trust ETF by 0.5% during the third quarter. Moors & Cabot Inc. now owns 305,172 shares of the company’s stock worth $19,711,000 after purchasing an additional 1,419 shares during the last quarter. Money Concepts Capital Corp grew its holdings in Grayscale Bitcoin Trust ETF by 10.3% during the 3rd quarter. Money Concepts Capital Corp now owns 7,155 shares of the company’s stock worth $462,000 after acquiring an additional 670 shares during the period. Allworth Financial LP grew its stake in Grayscale Bitcoin Trust ETF by 12.3% during the third quarter. Allworth Financial LP now owns 4,956 shares of the company’s stock worth $320,000 after purchasing an additional 542 shares during the period. Private Advisory Group LLC bought a new stake in shares of Grayscale Bitcoin Trust ETF in the 3rd quarter valued at $248,000. Finally, Joel Isaacson & Co. LLC increased its stake in Grayscale Bitcoin Trust ETF by 30.5% in the third quarter. Joel Isaacson & Co. LLC now owns 6,015 shares of the company’s stock valued at $389,000 after purchasing an additional 1,407 shares in the last quarter.

Grayscale Bitcoin Trust ETF Price Performance

Shares of Grayscale Bitcoin Trust ETF stock opened at $53.07 on Friday. The firm has a market capitalization of $8.56 billion, a price-to-earnings ratio of 2.23 and a beta of 2.04. Grayscale Bitcoin Trust ETF has a one year low of $44.98 and a one year high of $76.50. The business has a 50-day simple moving average of $62.02 and a 200 day simple moving average of $56.26.

Grayscale Bitcoin Trust ETF Company Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.