Concurrent Investment Advisors LLC Acquires 78,104 Shares of ARK 21Shares Bitcoin ETF $ARKB

Concurrent Investment Advisors LLC boosted its holdings in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 157.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 127,579 shares of the company’s stock after purchasing an additional 78,104 shares during the period. Concurrent Investment Advisors LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $4,566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Mustard Seed Financial LLC lifted its holdings in ARK 21Shares Bitcoin ETF by 1.0% during the first 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 in the last quarter. Beacon Financial Advisory LLC lifted its holdings in shares of ARK 21Shares Bitcoin ETF by 3.6% in the first quarter. Beacon Financial Advisory LLC now owns 5,317 shares of the company’s stock valued at $437,000 after purchasing an additional 184 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of ARK 21Shares Bitcoin ETF in the fourth quarter valued at about $31,000. Paragon Private Wealth Management LLC lifted its holdings 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 valued at $540,000 after purchasing an additional 400 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of 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 purchasing an additional 560 shares in the last quarter.

ARK 21Shares Bitcoin ETF Stock Performance

Shares of ARK 21Shares Bitcoin ETF stock opened at $38.75 on Monday. The stock’s 50-day moving average is $38.26 and its 200-day moving average is $35.45. ARK 21Shares Bitcoin ETF has a one year low of $16.51 and a one year high of $40.62.

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.