Envestnet Asset Management Inc. Increases Holdings in ARK 21Shares Bitcoin ETF $ARKB

Envestnet Asset Management Inc. raised its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 157.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,818 shares of the company’s stock after acquiring an additional 96,522 shares during the period. Envestnet Asset Management Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $5,648,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE bought a new position in ARK 21Shares Bitcoin ETF in the 4th quarter worth about $31,000. Kiker Wealth Management LLC increased its stake in ARK 21Shares Bitcoin ETF by 200.0% during the 2nd quarter. Kiker Wealth Management LLC now owns 900 shares of the company’s stock valued at $32,000 after purchasing an additional 600 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in ARK 21Shares Bitcoin ETF by 208.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 1,155 shares of the company’s stock valued at $41,000 after purchasing an additional 780 shares in the last quarter. Painted Porch Advisors LLC raised its holdings in ARK 21Shares Bitcoin ETF by 200.0% in the second quarter. Painted Porch Advisors LLC now owns 1,425 shares of the company’s stock worth $51,000 after buying an additional 950 shares during the last quarter. Finally, Headlands Technologies LLC lifted its stake in shares of ARK 21Shares Bitcoin ETF by 93.0% in the first quarter. Headlands Technologies LLC now owns 1,554 shares of the company’s stock worth $128,000 after buying an additional 749 shares in the last quarter.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARKB opened at $33.70 on Thursday. ARK 21Shares Bitcoin ETF has a twelve month low of $16.51 and a twelve month high of $40.62. The firm has a 50 day moving average of $37.29 and a 200 day moving average of $36.69.

About ARK 21Shares Bitcoin ETF

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.