WR Wealth Planners LLC Sells 267 Shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC)

WR Wealth Planners LLC lessened its stake in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 24.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 823 shares of the company’s stock after selling 267 shares during the period. WR Wealth Planners LLC’s holdings in Grayscale Bitcoin Trust were worth $61,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rothschild Investment LLC raised its position in shares of Grayscale Bitcoin Trust by 0.9% in the 4th quarter. Rothschild Investment LLC now owns 14,490 shares of the company’s stock worth $1,073,000 after acquiring an additional 130 shares in the last quarter. Activest Wealth Management boosted its stake in Grayscale Bitcoin Trust by 53.0% during the 4th quarter. Activest Wealth Management now owns 404 shares of the company’s stock valued at $30,000 after purchasing an additional 140 shares during the last quarter. Mutual Advisors LLC boosted its stake in Grayscale Bitcoin Trust by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 7,326 shares of the company’s stock valued at $583,000 after purchasing an additional 146 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its stake in shares of Grayscale Bitcoin Trust by 1.0% in 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 boosted its stake in shares of Grayscale Bitcoin Trust by 0.8% in 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 Performance

Shares of Grayscale Bitcoin Trust stock opened at $66.61 on Friday. Grayscale Bitcoin Trust has a one year low of $39.56 and a one year high of $86.11. The stock’s fifty day moving average is $76.98 and its 200 day moving average is $65.20. The stock has a market cap of $16.84 billion, a P/E ratio of 2.23 and a beta of 2.51.

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.