NewEdge Advisors LLC Boosts Holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB)

NewEdge Advisors LLC increased its position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 382.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,348 shares of the company’s stock after buying an additional 22,467 shares during the quarter. NewEdge Advisors LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $1,700,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC acquired a new position in ARK 21Shares Bitcoin ETF in the first quarter valued at about $28,000. YHB Investment Advisors Inc. purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the 1st quarter valued at approximately $30,000. Comerica Bank acquired a new position in shares of ARK 21Shares Bitcoin ETF in the 1st quarter worth approximately $33,000. Benjamin Edwards Inc. purchased a new position in shares of ARK 21Shares Bitcoin ETF during the 1st quarter worth approximately $57,000. Finally, CWM LLC acquired a new stake in ARK 21Shares Bitcoin ETF in the 2nd quarter valued at approximately $59,000.

ARK 21Shares Bitcoin ETF Stock Performance

Shares of BATS ARKB opened at $62.38 on Friday. The firm has a 50-day moving average price of $60.35 and a 200 day moving average price of $63.43.

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.