Beacon Financial Advisory LLC Purchases 1,349 Shares of ARK 21Shares Bitcoin ETF (BATS:ARKB)

Beacon Financial Advisory LLC increased its holdings in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 35.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,133 shares of the company’s stock after purchasing an additional 1,349 shares during the quarter. Beacon Financial Advisory LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $479,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ARKB. Sanctuary Wealth Management L.L.C. lifted its holdings in shares of ARK 21Shares Bitcoin ETF by 43,300.0% in the third quarter. Sanctuary Wealth Management L.L.C. now owns 434 shares of the company’s stock worth $28,000 after buying an additional 433 shares in the last quarter. CENTRAL TRUST Co lifted its stake in ARK 21Shares Bitcoin ETF by 46.9% in the 4th quarter. CENTRAL TRUST Co now owns 939 shares of the company’s stock worth $88,000 after purchasing an additional 300 shares in the last quarter. Hollencrest Capital Management bought a new position in shares of ARK 21Shares Bitcoin ETF during the 3rd quarter valued at about $102,000. Blue Trust Inc. grew its position in shares of ARK 21Shares Bitcoin ETF by 96.3% during the third quarter. Blue Trust Inc. now owns 2,730 shares of the company’s stock valued at $164,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at about $222,000.

ARK 21Shares Bitcoin ETF Trading Up 0.4 %

BATS:ARKB opened at $96.69 on Friday. The stock has a 50 day moving average price of $99.10 and a 200-day moving average price of $78.37.

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.