IMC Chicago LLC Sells 42,973 Shares of ARK 21Shares Bitcoin ETF $ARKB

IMC Chicago LLC trimmed its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 43.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,404 shares of the company’s stock after selling 42,973 shares during the period. IMC Chicago LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $2,144,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE bought a new stake in ARK 21Shares Bitcoin ETF during the fourth quarter valued at about $31,000. Kiker Wealth Management LLC lifted its position in shares of ARK 21Shares Bitcoin ETF by 200.0% during the second quarter. Kiker Wealth Management LLC now owns 900 shares of the company’s stock valued at $32,000 after buying an additional 600 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 96.3% in the 2nd quarter. Allworth Financial LP now owns 942 shares of the company’s stock valued at $34,000 after buying an additional 462 shares in the last quarter. Global Trust Asset Management LLC boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 66.7% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,000 shares of the company’s stock valued at $38,000 after buying an additional 400 shares in the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in shares of ARK 21Shares Bitcoin ETF by 200.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,500 shares of the company’s stock worth $54,000 after buying an additional 1,000 shares during the last quarter.

ARK 21Shares Bitcoin ETF Price Performance

BATS:ARKB opened at $23.28 on Friday. ARK 21Shares Bitcoin ETF has a 52 week low of $16.51 and a 52 week high of $40.62. The firm has a 50 day moving average of $29.23 and a 200 day moving average of $34.11.

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.