SJS Investment Consulting Inc. Reduces Stock Holdings in Grayscale Bitcoin Mini Trust ETF $BTC

SJS Investment Consulting Inc. lowered its stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 96.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 961 shares of the company’s stock after selling 23,144 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $29,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Millennium Management LLC lifted its position in Grayscale Bitcoin Mini Trust ETF by 26.7% in the fourth quarter. Millennium Management LLC now owns 3,167,718 shares of the company’s stock worth $122,686,000 after buying an additional 667,553 shares during the last quarter. Wells Fargo & Company MN increased its position in Grayscale Bitcoin Mini Trust ETF by 157.6% during the fourth quarter. Wells Fargo & Company MN now owns 1,472,684 shares of the company’s stock valued at $57,037,000 after acquiring an additional 900,987 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position 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 valued at $50,248,000 after acquiring an additional 220,174 shares during the last quarter. Emory University raised its stake 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 valued at $51,816,000 after acquiring an additional 487,636 shares during the period. Finally, Sloy Dahl & Holst LLC raised its stake 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 valued at $31,267,000 after acquiring an additional 132,586 shares during the period. Hedge funds and other 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 $26.51 on Thursday. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $25.65 and a 12-month high of $55.96. The firm has a 50-day moving average price of $31.38 and a 200-day moving average price of $33.31.

About Grayscale Bitcoin Mini Trust ETF

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.