Kestra Advisory Services LLC Raises Position in Grayscale Bitcoin Mini Trust ETF $BTC

Kestra Advisory Services LLC grew its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 23.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,127 shares of the company’s stock after acquiring an additional 25,574 shares during the period. Kestra Advisory Services LLC owned about 0.12% of Grayscale Bitcoin Mini Trust ETF worth $4,052,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Millennium Management LLC boosted its holdings 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 valued at $122,686,000 after purchasing an additional 667,553 shares during the period. Wells Fargo & Company MN increased its holdings in Grayscale Bitcoin Mini Trust ETF by 157.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,472,684 shares of the company’s stock worth $57,037,000 after purchasing an additional 900,987 shares during the period. Steward Partners Investment Advisory LLC raised its position in Grayscale Bitcoin Mini Trust ETF by 20.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,297,393 shares of the company’s stock valued at $50,248,000 after purchasing an additional 220,174 shares in the last quarter. Sloy Dahl & Holst LLC raised its position in Grayscale Bitcoin Mini Trust ETF by 19.7% in the 4th quarter. Sloy Dahl & Holst LLC now owns 807,296 shares of the company’s stock valued at $31,267,000 after purchasing 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 about $25,913,000. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Shares of Grayscale Bitcoin Mini Trust ETF stock opened at $28.41 on Friday. 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 $29.95 and a 200-day simple moving average of $32.48.

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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.