Grayscale Bitcoin Trust ETF $GBTC is One Charles Private Wealth Services LLC’s 4th Largest Position

One Charles Private Wealth Services LLC trimmed its stake in shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 278,603 shares of the company’s stock after selling 10,807 shares during the period. Grayscale Bitcoin Trust ETF makes up 4.9% of One Charles Private Wealth Services LLC’s investment portfolio, making the stock its 4th largest holding. One Charles Private Wealth Services LLC’s holdings in Grayscale Bitcoin Trust ETF were worth $19,045,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Mariner LLC raised its holdings in shares of Grayscale Bitcoin Trust ETF by 1.1% during the third quarter. Mariner LLC now owns 171,119 shares of the company’s stock valued at $15,361,000 after purchasing an additional 1,843 shares during the last quarter. Creative Planning raised its holdings in shares of Grayscale Bitcoin Trust ETF by 40.5% during the third quarter. Creative Planning now owns 135,202 shares of the company’s stock valued at $12,137,000 after purchasing an additional 38,955 shares during the last quarter. Fiduciary Alliance LLC increased its position in Grayscale Bitcoin Trust ETF by 3.2% during the fourth quarter. Fiduciary Alliance LLC now owns 134,253 shares of the company’s stock valued at $9,178,000 after acquiring an additional 4,221 shares during the last quarter. Foundations Investment Advisors LLC increased its position in Grayscale Bitcoin Trust ETF by 3.6% during the third quarter. Foundations Investment Advisors LLC now owns 129,632 shares of the company’s stock valued at $11,637,000 after acquiring an additional 4,490 shares during the last quarter. Finally, Jump Financial LLC purchased a new stake in Grayscale Bitcoin Trust ETF during the third quarter valued at $11,599,000.

Grayscale Bitcoin Trust ETF Stock Performance

Grayscale Bitcoin Trust ETF stock opened at $60.27 on Friday. The stock has a market cap of $14.51 billion, a PE ratio of 2.23 and a beta of 2.22. Grayscale Bitcoin Trust ETF has a one year low of $48.56 and a one year high of $99.12. The stock has a fifty day moving average of $57.73 and a 200 day moving average of $63.30.

Grayscale Bitcoin Trust ETF 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.