Beck Capital Management LLC Cuts Position in Grayscale Bitcoin Mini Trust ETF $BTC

Beck Capital Management LLC reduced its position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 73.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,703 shares of the company’s stock after selling 106,662 shares during the period. Beck Capital Management LLC owned approximately 0.06% of Grayscale Bitcoin Mini Trust ETF worth $1,460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BTC. Millennium Management LLC raised its holdings in Grayscale Bitcoin Mini Trust ETF by 25.0% in the third quarter. Millennium Management LLC now owns 2,500,165 shares of the company’s stock valued at $126,583,000 after buying an additional 500,522 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Grayscale Bitcoin Mini Trust ETF by 20.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,297,393 shares of the company’s stock worth $50,248,000 after buying an additional 220,174 shares during the period. Emory University increased its position in shares of Grayscale Bitcoin Mini Trust ETF by 91.0% in the third quarter. Emory University now owns 1,023,417 shares of the company’s stock worth $51,816,000 after acquiring an additional 487,636 shares in the last quarter. Sloy Dahl & Holst LLC increased its position in shares of Grayscale Bitcoin Mini Trust ETF by 19.7% in the fourth quarter. Sloy Dahl & Holst LLC now owns 807,296 shares of the company’s stock worth $31,267,000 after acquiring an additional 132,586 shares in the last quarter. Finally, Paragon Advisors LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at $25,913,000. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Performance

NYSEARCA:BTC opened at $28.13 on Friday. The firm’s fifty day simple moving average is $32.58 and its 200 day simple moving average is $34.50. Grayscale Bitcoin Mini Trust ETF has a twelve month low of $26.14 and a twelve month high of $55.96.

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.