ARK 21Shares Bitcoin ETF $ARKB Shares Purchased by Cresset Asset Management LLC

Cresset Asset Management LLC boosted its position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 208.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,101 shares of the company’s stock after buying an additional 81,837 shares during the quarter. Cresset Asset Management LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $4,334,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Advisory Inc. boosted its stake in shares of ARK 21Shares Bitcoin ETF by 200.0% during the 2nd quarter. Brown Advisory Inc. now owns 30,525 shares of the company’s stock worth $1,092,000 after acquiring an additional 20,350 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in ARK 21Shares Bitcoin ETF by 246.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 30,403 shares of the company’s stock worth $1,088,000 after purchasing an additional 21,623 shares during the period. HBK Investments L P raised its holdings in ARK 21Shares Bitcoin ETF by 299.8% in the 2nd quarter. HBK Investments L P now owns 3,267,144 shares of the company’s stock worth $116,931,000 after purchasing an additional 2,449,976 shares during the period. Lido Advisors LLC boosted its position in ARK 21Shares Bitcoin ETF by 272.3% during the second quarter. Lido Advisors LLC now owns 16,573 shares of the company’s stock worth $593,000 after purchasing an additional 12,122 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in ARK 21Shares Bitcoin ETF by 200.0% in the second quarter. Hsbc Holdings PLC now owns 180,000 shares of the company’s stock valued at $6,442,000 after purchasing an additional 120,000 shares during the period.

ARK 21Shares Bitcoin ETF Stock Down 69.2%

Shares of ARKB stock opened at $29.67 on Monday. The stock has a 50 day simple moving average of $34.69 and a 200-day simple moving average of $36.31. ARK 21Shares Bitcoin ETF has a 1-year low of $16.51 and a 1-year high of $40.62.

ARK 21Shares Bitcoin ETF Company 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.