Intellectus Partners LLC Sells 292 Shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC)

Intellectus Partners LLC reduced its position in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 1.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,024 shares of the company’s stock after selling 292 shares during the quarter. Intellectus Partners LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $585,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BTC. Caprock Group LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at about $251,000. Bleakley Financial Group LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth about $948,000. Citrine Capital LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth about $835,000. Consolidated Portfolio Review Corp increased its holdings in Grayscale Bitcoin Mini Trust ETF by 94.7% during the 4th quarter. Consolidated Portfolio Review Corp now owns 35,254 shares of the company’s stock valued at $1,476,000 after purchasing an additional 17,143 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in Grayscale Bitcoin Mini Trust ETF during the 4th quarter valued at approximately $1,044,000.

Grayscale Bitcoin Mini Trust ETF Trading Up 2.3%

NYSEARCA BTC opened at $46.19 on Friday. Grayscale Bitcoin Mini Trust ETF has a fifty-two week low of $22.00 and a fifty-two week high of $49.65. The stock has a 50 day simple moving average of $42.37 and a two-hundred day simple moving average of $42.10.

Grayscale Bitcoin Mini Trust ETF 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.