Galaxy Digital Inc. purchased a new position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB – Free Report) in the first quarter, HoldingsChannel.com reports. The firm purchased 5,161,800 shares of the company’s stock, valued at approximately $116,089,000. ARK 21Shares Bitcoin ETF comprises 10.0% of Galaxy Digital Inc.’s portfolio, making the stock its 2nd biggest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. MidFirst Bank acquired a new stake in ARK 21Shares Bitcoin ETF during the fourth quarter worth approximately $26,000. Fifth Third Bancorp bought a new stake in shares of ARK 21Shares Bitcoin ETF in the 1st quarter valued at $26,000. Ares Financial Consulting LLC bought a new position in shares of ARK 21Shares Bitcoin ETF during the 4th quarter worth about $28,000. Comerica Bank boosted its holdings in ARK 21Shares Bitcoin ETF by 137.3% in the fourth quarter. Comerica Bank now owns 1,006 shares of the company’s stock worth $29,000 after acquiring an additional 582 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at about $31,000.
ARK 21Shares Bitcoin ETF Trading Down 0.9%
Shares of ARK 21Shares Bitcoin ETF stock opened at $21.28 on Friday. ARK 21Shares Bitcoin ETF has a 12-month low of $19.24 and a 12-month high of $41.99. The stock has a fifty day simple moving average of $21.85 and a 200 day simple moving average of $24.08.
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.
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Want to see what other hedge funds are holding ARKB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK 21Shares Bitcoin ETF (BATS:ARKB – Free Report).
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