GK Wealth Management LLC bought a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB – Free Report) in the 3rd quarter, Holdings Channel reports. The firm bought 43,446 shares of the company’s stock, valued at approximately $1,203,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Castle Rock Wealth Management LLC bought a new stake in shares of ARK 21Shares Bitcoin ETF in the third quarter valued at about $231,000. Integrated Wealth Concepts LLC bought a new position in ARK 21Shares Bitcoin ETF during the 2nd quarter worth about $63,000. NewEdge Advisors LLC increased its position in ARK 21Shares Bitcoin ETF by 5.8% during the 2nd quarter. NewEdge Advisors LLC now owns 57,826 shares of the company’s stock valued at $1,125,000 after purchasing an additional 3,185 shares during the period. One Charles Private Wealth Services LLC increased its position in ARK 21Shares Bitcoin ETF by 0.7% during the 2nd quarter. One Charles Private Wealth Services LLC now owns 88,282 shares of the company’s stock valued at $1,718,000 after purchasing an additional 575 shares during the period. Finally, Allworth Financial LP increased its position in ARK 21Shares Bitcoin ETF by 31.6% during the 2nd quarter. Allworth Financial LP now owns 6,531 shares of the company’s stock valued at $127,000 after purchasing an additional 1,568 shares during the period.
ARK 21Shares Bitcoin ETF Trading Up 0.7%
Shares of BATS:ARKB traded up $0.18 during trading hours on Friday, hitting $27.28. The company’s stock had a trading volume of 1,380,885 shares, compared to its average volume of 3,335,675. The firm’s fifty day moving average price is $25.19 and its 200 day moving average price is $23.78. ARK 21Shares Bitcoin ETF has a 52 week low of $19.24 and a 52 week high of $40.74.
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. ARKB was launched on Jan 10, 2024 and is issued by ARK.
Further Reading
- Five stocks we like better than ARK 21Shares Bitcoin ETF
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
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.
