Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) Shares Bought by ORG Wealth Partners LLC

ORG Wealth Partners LLC grew its position in shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 26.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,242 shares of the company’s stock after acquiring an additional 257 shares during the quarter. ORG Wealth Partners LLC’s holdings in Grayscale Bitcoin Trust ETF were worth $83,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Investment Management LLC acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the fourth quarter valued at about $30,000. Pacific Center for Financial Services acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the fourth quarter valued at about $31,000. Measured Risk Portfolios Inc. acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the fourth quarter valued at about $32,000. Capital A Wealth Management LLC acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the fourth quarter valued at about $35,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the fourth quarter valued at about $36,000.

Grayscale Bitcoin Trust ETF Stock Performance

GBTC stock opened at $81.33 on Friday. Grayscale Bitcoin Trust ETF has a 1 year low of $39.56 and a 1 year high of $88.36. The firm has a market cap of $19.12 billion, a P/E ratio of 2.23 and a beta of 2.50. The stock has a 50-day simple moving average of $79.38 and a 200-day simple moving average of $75.67.

Grayscale Bitcoin Trust ETF Company Profile

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.