Kathleen S. Wright Associates Inc. Has $163,000 Stake in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Kathleen S. Wright Associates Inc. reduced its holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 47.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,227 shares of the company’s stock after selling 1,982 shares during the quarter. Kathleen S. Wright Associates Inc.’s holdings in Grayscale Bitcoin Trust were worth $163,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Armstrong Advisory Group Inc. increased its holdings in Grayscale Bitcoin Trust by 310.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 410 shares of the company’s stock worth $30,000 after purchasing an additional 310 shares in the last quarter. West Oak Capital LLC raised its holdings in shares of Grayscale Bitcoin Trust by 100.0% in the 3rd quarter. West Oak Capital LLC now owns 640 shares of the company’s stock worth $32,000 after acquiring an additional 320 shares during the last quarter. ORG Wealth Partners LLC purchased a new position in shares of Grayscale Bitcoin Trust during the third quarter valued at approximately $46,000. Future Financial Wealth Managment LLC purchased a new position in Grayscale Bitcoin Trust during the 3rd quarter worth $50,000. Finally, Icon Wealth Advisors LLC bought a new stake in Grayscale Bitcoin Trust in the 3rd quarter worth about $53,000.

Grayscale Bitcoin Trust Trading Down 0.3 %

Shares of Grayscale Bitcoin Trust stock opened at $80.17 on Tuesday. The business’s fifty day simple moving average is $78.35 and its 200 day simple moving average is $62.17. The firm has a market capitalization of $40.94 billion, a P/E ratio of 2.29 and a beta of 1.25. Grayscale Bitcoin Trust has a 12 month low of $37.73 and a 12 month high of $86.11.

About Grayscale Bitcoin Trust

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.