14,468 Shares in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Bought by Balboa Wealth Partners

Balboa Wealth Partners bought a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 14,468 shares of the company’s stock, valued at approximately $606,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Spire Wealth Management bought a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $927,000. Golden State Wealth Management LLC bought a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter valued at $27,000. Strategic Financial Concepts LLC acquired a new position in Grayscale Bitcoin Mini Trust in the 4th quarter worth $1,044,000. Caprock Group LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter valued at about $251,000. Finally, Quent Capital LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at about $53,000.

Grayscale Bitcoin Mini Trust Trading Down 0.2 %

NYSEARCA:BTC opened at $36.75 on Thursday. The stock has a 50-day simple moving average of $42.38 and a 200 day simple moving average of $37.05. Grayscale Bitcoin Mini Trust has a 52-week low of $22.00 and a 52-week high of $48.07.

Grayscale Bitcoin Mini Trust Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.