ARK 21Shares Bitcoin ETF $ARKB Position Increased by Elequin Capital LP

Elequin Capital LP raised its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 28.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 361,524 shares of the company’s stock after purchasing an additional 80,694 shares during the quarter. ARK 21Shares Bitcoin ETF comprises 0.7% of Elequin Capital LP’s holdings, making the stock its 7th biggest position. Elequin Capital LP owned approximately 0.26% of ARK 21Shares Bitcoin ETF worth $13,745,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at $31,000. Allworth Financial LP increased its position 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 acquiring an additional 462 shares during the period. Global Trust Asset Management LLC raised its stake in 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 worth $38,000 after acquiring an additional 400 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in 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 acquiring an additional 1,000 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new stake in ARK 21Shares Bitcoin ETF during the 3rd quarter worth about $59,000.

ARK 21Shares Bitcoin ETF Trading Up 1.0%

ARK 21Shares Bitcoin ETF stock opened at $23.62 on Friday. The business’s 50-day simple moving average is $25.84 and its two-hundred day simple moving average is $31.29. ARK 21Shares Bitcoin ETF has a fifty-two week low of $20.66 and a fifty-two week high of $41.99.

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.