Atticus Wealth Management LLC Has $128,000 Stock Holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Atticus Wealth Management LLC boosted its stake in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 18.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,723 shares of the company’s stock after buying an additional 271 shares during the period. Atticus Wealth Management LLC’s holdings in Grayscale Bitcoin Trust were worth $128,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in shares of Grayscale Bitcoin Trust by 80.5% during the second quarter. Bank of Montreal Can now owns 19,128 shares of the company’s stock worth $1,057,000 after purchasing an additional 8,533 shares during the period. Ascent Group LLC bought a new position in Grayscale Bitcoin Trust during the 2nd quarter worth $215,000. Magnolia Capital Advisors LLC acquired a new position in Grayscale Bitcoin Trust in the 2nd quarter valued at $14,810,000. Creative Planning lifted its position in shares of Grayscale Bitcoin Trust by 1.3% during the 2nd quarter. Creative Planning now owns 82,857 shares of the company’s stock valued at $4,411,000 after acquiring an additional 1,074 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in shares of Grayscale Bitcoin Trust by 8.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,322 shares of the company’s stock worth $230,000 after purchasing an additional 350 shares in the last quarter.

Grayscale Bitcoin Trust Stock Performance

Grayscale Bitcoin Trust stock opened at $83.17 on Monday. The stock has a fifty day moving average of $77.79 and a 200-day moving average of $61.16. The stock has a market capitalization of $42.48 billion, a P/E ratio of 2.29 and a beta of 1.25. Grayscale Bitcoin Trust has a 52 week low of $35.24 and a 52 week 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.