Birch Hill Investment Advisors LLC Sells 110,009 Shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Birch Hill Investment Advisors LLC reduced its holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.0% in the 4th quarter, HoldingsChannel reports. The fund owned 27,502 shares of the company’s stock after selling 110,009 shares during the period. Birch Hill Investment Advisors LLC owned about 0.08% of Grayscale Bitcoin Mini Trust worth $1,152,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BTC. Brookstone Capital Management acquired a new stake in Grayscale Bitcoin Mini Trust during the 3rd quarter worth about $689,000. Watts Gwilliam & Co. LLC bought a new position in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $231,000. Fiduciary Financial Group LLC purchased a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter worth $69,000. Valeo Financial Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust in the 3rd quarter worth about $64,000. Finally, CRA Financial Services LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter valued at approximately $166,000.

Grayscale Bitcoin Mini Trust Price Performance

NYSEARCA:BTC opened at $42.42 on Friday. The business has a fifty day simple moving average of $43.93 and a two-hundred day simple moving average of $50.17. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07.