United Asset Strategies Inc. Acquires 9,310 Shares of ARK 21Shares Bitcoin ETF $ARKB

United Asset Strategies Inc. increased its position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 200.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 13,965 shares of the company’s stock after acquiring an additional 9,310 shares during the period. United Asset Strategies Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $500,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ARKB. Mustard Seed Financial LLC raised its stake in ARK 21Shares Bitcoin ETF by 1.0% in the 1st quarter. Mustard Seed Financial LLC now owns 13,309 shares of the company’s stock worth $1,094,000 after acquiring an additional 126 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of ARK 21Shares Bitcoin ETF in the fourth quarter worth about $31,000. Paragon Private Wealth Management LLC raised its stake in shares of ARK 21Shares Bitcoin ETF by 6.5% in the first quarter. Paragon Private Wealth Management LLC now owns 6,569 shares of the company’s stock worth $540,000 after purchasing an additional 400 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of ARK 21Shares Bitcoin ETF by 96.3% during the second quarter. Allworth Financial LP now owns 942 shares of the company’s stock worth $34,000 after purchasing an additional 462 shares during the period. Finally, CWM LLC boosted its position in ARK 21Shares Bitcoin ETF by 35.7% in the first quarter. CWM LLC now owns 2,128 shares of the company’s stock valued at $175,000 after buying an additional 560 shares during the last quarter.

ARK 21Shares Bitcoin ETF Stock Performance

BATS ARKB opened at $33.70 on Thursday. ARK 21Shares Bitcoin ETF has a 1 year low of $16.51 and a 1 year high of $40.62. The company has a fifty day moving average of $37.29 and a 200 day moving average of $36.69.

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.