Aristides Capital LLC Purchases 23,977 Shares of ARK 21Shares Bitcoin ETF $ARKB

Aristides Capital LLC raised its position in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 49.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 72,857 shares of the company’s stock after purchasing an additional 23,977 shares during the period. Aristides Capital LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $1,639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE acquired a new position in ARK 21Shares Bitcoin ETF during the 4th quarter worth approximately $31,000. NewEdge Advisors LLC grew its stake in shares of ARK 21Shares Bitcoin ETF by 18.4% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $1,288,000 after acquiring an additional 2,433 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the second quarter valued at approximately $780,000. Raymond James Financial Inc. bought a new position in ARK 21Shares Bitcoin ETF in the second quarter valued at $63,000. Finally, Vienna Asset Management LLC acquired a new stake in ARK 21Shares Bitcoin ETF in the 2nd quarter valued at $219,000.

ARK 21Shares Bitcoin ETF Trading Down 1.8%

Shares of ARKB stock opened at $21.47 on Friday. The firm’s fifty day moving average price is $21.95 and its two-hundred day moving average price is $24.10. ARK 21Shares Bitcoin ETF has a 1 year low of $19.24 and a 1 year high of $41.99.

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