ARK 21Shares Bitcoin ETF (BATS:ARKB) Shares Sold by Benjamin Edwards Inc.

Benjamin Edwards Inc. trimmed its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 39.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 489 shares of the company’s stock after selling 320 shares during the period. Benjamin Edwards Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $29,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. SignalPoint Asset Management LLC purchased a new position in shares of ARK 21Shares Bitcoin ETF during the 1st quarter worth about $221,000. IMC Chicago LLC acquired a new position in ARK 21Shares Bitcoin ETF during the first quarter worth approximately $1,110,000. Cambridge Investment Research Advisors Inc. purchased a new position in ARK 21Shares Bitcoin ETF during the first quarter worth approximately $1,904,000. YHB Investment Advisors Inc. acquired a new position in shares of ARK 21Shares Bitcoin ETF in the 1st quarter valued at $30,000. Finally, Meritage Portfolio Management purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the 1st quarter valued at $277,000.

ARK 21Shares Bitcoin ETF Price Performance

ARKB stock opened at $62.77 on Monday. The business’s 50 day moving average price is $60.88 and its two-hundred day moving average price is $63.84.

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.