Nkcfo LLC Sells 8,000 Shares of ARK 21Shares Bitcoin ETF (BATS:ARKB)

Nkcfo LLC reduced its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 21.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,000 shares of the company’s stock after selling 8,000 shares during the quarter. ARK 21Shares Bitcoin ETF accounts for 1.0% of Nkcfo LLC’s holdings, making the stock its 22nd biggest holding. Nkcfo LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $1,799,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Bracebridge Capital LLC bought a new stake in ARK 21Shares Bitcoin ETF during the first quarter worth $307,157,000. Jane Street Group LLC acquired a new position in ARK 21Shares Bitcoin ETF during the first quarter worth about $239,727,000. Apollo Management Holdings L.P. bought a new position in shares of ARK 21Shares Bitcoin ETF in the first quarter worth about $53,235,000. ARK Investment Management LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 17.4% in the 2nd quarter. ARK Investment Management LLC now owns 3,415,365 shares of the company’s stock valued at $204,854,000 after purchasing an additional 506,347 shares in the last quarter. Finally, IMC Chicago LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 1,249.0% in the 2nd quarter. IMC Chicago LLC now owns 210,939 shares of the company’s stock valued at $12,652,000 after purchasing an additional 195,302 shares in the last quarter.

ARK 21Shares Bitcoin ETF Stock Down 0.7 %

ARKB stock opened at $62.77 on Friday. The stock’s 50-day moving average is $60.88 and its 200 day moving average is $63.85.

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.