Carnegie Investment Counsel Acquires 19,120 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Carnegie Investment Counsel increased its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 134.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,340 shares of the company’s stock after purchasing an additional 19,120 shares during the period. Carnegie Investment Counsel’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $1,000,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Advocates LLC acquired a new stake in Grayscale Bitcoin Mini Trust ETF during the third quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 3rd quarter valued at approximately $34,000. Flagship Harbor Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at approximately $27,000. Abound Financial LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth approximately $34,000. Finally, Quattro Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth approximately $35,000. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Performance

Grayscale Bitcoin Mini Trust ETF stock opened at $27.52 on Tuesday. Grayscale Bitcoin Mini Trust ETF has a one year low of $25.65 and a one year high of $55.96. The business has a 50 day simple moving average of $30.39 and a 200 day simple moving average of $32.70.

Grayscale Bitcoin Mini Trust ETF Company 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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.