Matauro LLC Sells 383 Shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC)

Matauro LLC trimmed its holdings in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 1.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 21,260 shares of the company’s stock after selling 383 shares during the quarter. Matauro LLC’s holdings in Grayscale Bitcoin Trust ETF were worth $1,386,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GBTC. Leavell Investment Management Inc. bought a new stake in shares of Grayscale Bitcoin Trust ETF during the 4th quarter worth $252,000. Bogart Wealth LLC boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 12.7% during the 4th quarter. Bogart Wealth LLC now owns 2,473 shares of the company’s stock worth $183,000 after buying an additional 278 shares during the period. Walkner Condon Financial Advisors LLC bought a new stake in shares of Grayscale Bitcoin Trust ETF during the 4th quarter worth $215,000. GFG Capital LLC bought a new stake in shares of Grayscale Bitcoin Trust ETF during the 4th quarter worth $333,000. Finally, Blue Trust Inc. boosted its holdings in shares of Grayscale Bitcoin Trust ETF by 19.1% during the 4th quarter. Blue Trust Inc. now owns 19,444 shares of the company’s stock worth $1,439,000 after buying an additional 3,114 shares during the period.

Grayscale Bitcoin Trust ETF Trading Down 1.6%

NYSEARCA GBTC opened at $82.83 on Friday. The company has a fifty day simple moving average of $77.52 and a 200 day simple moving average of $75.46. The company has a market cap of $19.73 billion, a P/E ratio of 2.23 and a beta of 2.51. Grayscale Bitcoin Trust ETF has a 1 year low of $39.56 and a 1 year high of $88.36.

About Grayscale Bitcoin Trust ETF

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.