Aristides Capital LLC Purchases Shares of 23,000 ARK 21Shares Bitcoin ETF (BATS:ARKB)

Aristides Capital LLC acquired a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,000 shares of the company’s stock, valued at approximately $1,380,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SignalPoint Asset Management LLC purchased a new stake in ARK 21Shares Bitcoin ETF during the first quarter worth $221,000. IMC Chicago LLC acquired a new position in shares of ARK 21Shares Bitcoin ETF in the first quarter worth about $1,110,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the 1st quarter worth about $1,904,000. YHB Investment Advisors Inc. acquired a new stake in shares of ARK 21Shares Bitcoin ETF during the 1st quarter valued at about $30,000. Finally, Meritage Portfolio Management purchased a new position in shares of ARK 21Shares Bitcoin ETF in the 1st quarter valued at about $277,000.

ARK 21Shares Bitcoin ETF Trading Down 3.5 %

Shares of ARKB stock opened at $63.39 on Tuesday. The business’s 50-day simple moving average is $60.72 and its 200 day simple moving average is $63.56.

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.