Horrell Capital Management Inc. Purchases New Stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Horrell Capital Management Inc. acquired a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 2,379 shares of the company’s stock, valued at approximately $100,000.

Other hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. bought a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $25,000. Golden State Wealth Management LLC bought a new position in Grayscale Bitcoin Mini Trust in the fourth quarter valued at about $27,000. Modus Advisors LLC acquired a new position in Grayscale Bitcoin Mini Trust during the fourth quarter worth about $29,000. Mainstream Capital Management LLC bought a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth about $32,000. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter valued at approximately $40,000.

Grayscale Bitcoin Mini Trust Trading Down 0.3 %

BTC stock opened at $37.19 on Monday. The company has a 50 day simple moving average of $41.57 and a 200 day simple moving average of $37.64. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07.

Grayscale Bitcoin Mini Trust 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.