Lake Street Advisors Group LLC Sells 193,929 Shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Lake Street Advisors Group LLC trimmed its stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,482 shares of the company’s stock after selling 193,929 shares during the period. Lake Street Advisors Group LLC owned about 14.92% of Grayscale Bitcoin Mini Trust worth $2,030,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at about $27,000. Modus Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth approximately $29,000. Harbor Investment Advisory LLC bought a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $40,000. Asset Dedication LLC increased its position in Grayscale Bitcoin Mini Trust by 56.5% during the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock valued at $49,000 after purchasing an additional 424 shares during the period. Finally, Quent Capital LLC bought a new position in Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $53,000.

Grayscale Bitcoin Mini Trust Stock Performance

Shares of NYSEARCA BTC opened at $39.04 on Wednesday. The company’s 50 day moving average price is $43.45 and its 200-day moving average price is $36.26. Grayscale Bitcoin Mini Trust has a 52-week low of $22.00 and a 52-week high of $48.07.