Surience Private Wealth LLC raised its position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB – Free Report) by 102.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,411 shares of the company’s stock after purchasing an additional 4,251 shares during the period. ARK 21Shares Bitcoin ETF makes up approximately 1.0% of Surience Private Wealth LLC’s holdings, making the stock its 20th largest holding. Surience Private Wealth LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $784,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC lifted its stake in ARK 21Shares Bitcoin ETF by 3.2% in the second quarter. Axxcess Wealth Management LLC now owns 30,017 shares of the company’s stock worth $1,800,000 after purchasing an additional 943 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of ARK 21Shares Bitcoin ETF in the 2nd quarter valued at about $876,000. Virtu Financial LLC purchased a new stake in ARK 21Shares Bitcoin ETF during the 2nd quarter valued at about $2,114,000. Hsbc Holdings PLC purchased a new stake in ARK 21Shares Bitcoin ETF during the 2nd quarter valued at about $3,599,000. Finally, Bank of Montreal Can bought a new position in ARK 21Shares Bitcoin ETF during the 2nd quarter worth approximately $1,804,000.
ARK 21Shares Bitcoin ETF Stock Performance
Shares of ARK 21Shares Bitcoin ETF stock opened at $99.40 on Thursday. The stock has a 50 day moving average of $95.45 and a 200 day moving average of $74.01.
ARK 21Shares Bitcoin ETF Profile
The ARK 21Shares Bitcoin ETF Ben of Int (ARKB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, seeking to track the daily USD spot price of Bitcoin (BTC) through a buy-and-hold strategy focused on long-term BTC holdings. An investment in the fund is not a direct investment in Bitcoin.
Further Reading
- Five stocks we like better than ARK 21Shares Bitcoin ETF
- What is the Australian Securities Exchange (ASX)
- Advance Auto Parts: Retail Trends Suggest Big Gains Ahead
- 3 Small Caps With Big Return Potential
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- The 3 Best Fintech Stocks to Buy Now
- How Do Stock Buybacks Affect Shareholders?
Want to see what other hedge funds are holding ARKB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK 21Shares Bitcoin ETF (BATS:ARKB – Free Report).
Receive News & Ratings for ARK 21Shares Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK 21Shares Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.