Intellectus Partners LLC Has $683,000 Holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Intellectus Partners LLC lessened its holdings in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 79.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,316 shares of the company’s stock after selling 63,768 shares during the period. Intellectus Partners LLC owned about 5.02% of Grayscale Bitcoin Mini Trust worth $683,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Haven Private LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $627,000. Mainstream Capital Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $32,000. Proficio Capital Partners LLC boosted its position in shares of Grayscale Bitcoin Mini Trust by 447.3% during the 4th quarter. Proficio Capital Partners LLC now owns 252,394 shares of the company’s stock worth $10,568,000 after acquiring an additional 206,282 shares in the last quarter. Apriem Advisors acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $757,000. Finally, Variant Private Wealth LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $799,000.

Grayscale Bitcoin Mini Trust Trading Down 2.3 %

NYSEARCA BTC opened at $38.54 on Friday. The firm’s 50 day simple moving average is $42.72 and its 200 day simple moving average is $36.86. 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.