Curran Financial Partners LLC Cuts Stock Position in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Curran Financial Partners LLC trimmed its holdings in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,158 shares of the company’s stock after selling 598 shares during the quarter. Curran Financial Partners LLC’s holdings in Grayscale Bitcoin Trust were worth $1,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mutual Advisors LLC raised its position in Grayscale Bitcoin Trust by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 7,326 shares of the company’s stock worth $583,000 after acquiring an additional 146 shares during the period. Synovus Financial Corp increased its stake in shares of Grayscale Bitcoin Trust by 0.8% during the third quarter. Synovus Financial Corp now owns 20,956 shares of the company’s stock worth $1,058,000 after purchasing an additional 169 shares in the last quarter. Flagstar Advisors Inc. raised its position in shares of Grayscale Bitcoin Trust by 2.7% during the 3rd quarter. Flagstar Advisors Inc. now owns 7,472 shares of the company’s stock worth $377,000 after purchasing an additional 196 shares during the last quarter. Cornerstone Wealth Management LLC lifted its stake in Grayscale Bitcoin Trust by 5.5% in the 4th quarter. Cornerstone Wealth Management LLC now owns 4,324 shares of the company’s stock valued at $320,000 after buying an additional 224 shares in the last quarter. Finally, Atticus Wealth Management LLC lifted its stake in Grayscale Bitcoin Trust by 18.7% in the 4th quarter. Atticus Wealth Management LLC now owns 1,723 shares of the company’s stock valued at $128,000 after buying an additional 271 shares in the last quarter.

Grayscale Bitcoin Trust Trading Up 1.6 %

NYSEARCA:GBTC opened at $83.17 on Monday. The stock has a 50 day moving average of $77.79 and a two-hundred day moving average of $61.16. Grayscale Bitcoin Trust has a 12 month low of $35.24 and a 12 month high of $86.11. The firm has a market cap of $42.48 billion, a P/E ratio of 2.29 and a beta of 1.25.

Grayscale Bitcoin Trust 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.