Bray Capital Advisors Sells 43,409 Shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Bray Capital Advisors lessened its stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,852 shares of the company’s stock after selling 43,409 shares during the quarter. Bray Capital Advisors owned approximately 3.34% of Grayscale Bitcoin Mini Trust worth $454,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BTC. Jane Street Group LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $111,916,000. Horizon Kinetics Asset Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $86,042,000. Emory University acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $15,082,000. HighTower Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $7,491,000. Finally, EagleClaw Capital Managment LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $5,719,000.

Grayscale Bitcoin Mini Trust Trading Up 2.4 %

Shares of NYSEARCA:BTC opened at $43.66 on Friday. The firm’s fifty day moving average is $43.79 and its 200-day moving average is $35.78. Grayscale Bitcoin Mini Trust has a 52 week low of $22.00 and a 52 week high of $48.07.