Benjamin Edwards Inc. Reduces Position in ARK 21Shares Bitcoin ETF $ARKB

Benjamin Edwards Inc. reduced its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 24.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,860 shares of the company’s stock after selling 36,894 shares during the period. Benjamin Edwards Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $4,329,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE acquired a new position in shares of ARK 21Shares Bitcoin ETF in the 4th quarter worth approximately $31,000. Kiker Wealth Management LLC boosted its holdings in ARK 21Shares Bitcoin ETF by 200.0% in the second quarter. Kiker Wealth Management LLC now owns 900 shares of the company’s stock worth $32,000 after purchasing an additional 600 shares during the period. Allworth Financial LP increased its stake in ARK 21Shares Bitcoin ETF by 96.3% during the second quarter. Allworth Financial LP now owns 942 shares of the company’s stock valued at $34,000 after purchasing an additional 462 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of ARK 21Shares Bitcoin ETF by 208.0% during the second quarter. Harbor Investment Advisory LLC now owns 1,155 shares of the company’s stock worth $41,000 after purchasing an additional 780 shares during the period. Finally, Painted Porch Advisors LLC raised its holdings in shares of ARK 21Shares Bitcoin ETF by 200.0% during the second quarter. Painted Porch Advisors LLC now owns 1,425 shares of the company’s stock worth $51,000 after purchasing an additional 950 shares during the period.

ARK 21Shares Bitcoin ETF Trading Down 68.9%

Shares of ARK 21Shares Bitcoin ETF stock opened at $29.94 on Friday. ARK 21Shares Bitcoin ETF has a twelve month low of $16.51 and a twelve month high of $40.62. The business’s 50 day simple moving average is $30.48 and its 200-day simple moving average is $35.30.

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. ARKB was launched on Jan 10, 2024 and is issued by ARK.