Prospera Financial Services Inc Has $396,000 Stock Holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Prospera Financial Services Inc boosted its stake in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 26.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,835 shares of the company’s stock after buying an additional 1,650 shares during the period. Prospera Financial Services Inc’s holdings in Grayscale Bitcoin Trust were worth $396,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Cornerstone Wealth Management LLC boosted its position in Grayscale Bitcoin Trust by 6.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 4,100 shares of the company’s stock worth $207,000 after acquiring an additional 257 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Grayscale Bitcoin Trust by 6.3% during the third quarter. Sound Income Strategies LLC now owns 4,651 shares of the company’s stock worth $235,000 after purchasing an additional 276 shares during the last quarter. SJS Investment Consulting Inc. grew its position in Grayscale Bitcoin Trust by 1.1% in the second quarter. SJS Investment Consulting Inc. now owns 27,453 shares of the company’s stock valued at $1,462,000 after purchasing an additional 300 shares in the last quarter. West Oak Capital LLC increased its stake in Grayscale Bitcoin Trust by 100.0% in the 3rd quarter. West Oak Capital LLC now owns 640 shares of the company’s stock valued at $32,000 after buying an additional 320 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in Grayscale Bitcoin Trust by 5.2% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,842 shares of the company’s stock worth $346,000 after buying an additional 340 shares in the last quarter.

Grayscale Bitcoin Trust Stock Performance

NYSEARCA:GBTC opened at $78.87 on Monday. Grayscale Bitcoin Trust has a 52-week low of $29.88 and a 52-week high of $79.34. The company has a market cap of $40.28 billion, a P/E ratio of 2.29 and a beta of 1.25. The stock’s 50-day simple moving average is $56.59 and its 200 day simple moving average is $54.79.

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.