Roble Belko & Company Inc Invests $65,000 in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Roble Belko & Company Inc bought a new position in Grayscale Bitcoin Trust (NYSEARCA:GBTCFree Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,023 shares of the company’s stock, valued at approximately $65,000.

Several other large investors have also recently made changes to their positions in the company. Optimum Investment Advisors purchased a new position in Grayscale Bitcoin Trust in the first quarter worth about $95,000. Kathleen S. Wright Associates Inc. purchased a new position in Grayscale Bitcoin Trust in the fourth quarter worth about $59,000. Salem Investment Counselors Inc. purchased a new position in Grayscale Bitcoin Trust in the first quarter worth about $112,000. Winch Advisory Services LLC purchased a new position in Grayscale Bitcoin Trust in the fourth quarter worth about $66,000. Finally, Sanders Morris Harris LLC purchased a new position in shares of Grayscale Bitcoin Trust during the first quarter valued at approximately $225,000.

Grayscale Bitcoin Trust Price Performance

Shares of NYSEARCA:GBTC traded down $0.69 during trading hours on Friday, hitting $57.04. 3,093,485 shares of the company’s stock traded hands, compared to its average volume of 13,220,227. Grayscale Bitcoin Trust has a 1 year low of $17.00 and a 1 year high of $65.61. The business has a fifty day moving average price of $58.23 and a 200-day moving average price of $50.79. The firm has a market capitalization of $29.13 billion, a P/E ratio of 2.29 and a beta of 1.25.

Grayscale Bitcoin Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Grayscale Bitcoin Trust (NYSEARCA:GBTC)

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