Advisor OS LLC Makes New $245,000 Investment in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Advisor OS LLC bought a new position in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 3,310 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors also recently made changes to their positions in the stock. Rothschild Investment LLC boosted its position in shares of Grayscale Bitcoin Trust by 0.9% during the 4th quarter. Rothschild Investment LLC now owns 14,490 shares of the company’s stock worth $1,073,000 after purchasing an additional 130 shares in the last quarter. Activest Wealth Management raised its stake in shares of Grayscale Bitcoin Trust by 53.0% during the 4th quarter. Activest Wealth Management now owns 404 shares of the company’s stock worth $30,000 after buying an additional 140 shares during the last quarter. Mutual Advisors LLC raised its stake in shares of Grayscale Bitcoin Trust by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 7,326 shares of the company’s stock worth $583,000 after buying an additional 146 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its stake in shares of Grayscale Bitcoin Trust by 1.0% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 16,906 shares of the company’s stock worth $1,251,000 after buying an additional 165 shares during the last quarter. Finally, Synovus Financial Corp raised its stake in shares of Grayscale Bitcoin Trust by 0.8% during the 3rd quarter. Synovus Financial Corp now owns 20,956 shares of the company’s stock worth $1,058,000 after buying an additional 169 shares during the last quarter.

Grayscale Bitcoin Trust Stock Down 1.1 %

NYSEARCA:GBTC opened at $65.95 on Friday. The company has a market capitalization of $16.67 billion, a PE ratio of 2.23 and a beta of 2.51. Grayscale Bitcoin Trust has a 52-week low of $39.56 and a 52-week high of $86.11. The stock has a fifty day simple moving average of $77.18 and a 200-day simple moving average of $64.95.

Grayscale Bitcoin Trust 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.