Element Wealth LLC Makes New Investment in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Element Wealth LLC purchased a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,022 shares of the company’s stock, valued at approximately $282,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in shares of ARK 21Shares Bitcoin ETF by 96.3% in the third quarter. Blue Trust Inc. now owns 2,730 shares of the company’s stock worth $164,000 after purchasing an additional 1,339 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the third quarter worth approximately $16,110,000. Dakota Wealth Management raised its stake in shares of ARK 21Shares Bitcoin ETF by 0.8% in the third quarter. Dakota Wealth Management now owns 91,685 shares of the company’s stock worth $5,819,000 after purchasing an additional 706 shares during the last quarter. Strategic Blueprint LLC raised its stake in shares of ARK 21Shares Bitcoin ETF by 4.2% in the third quarter. Strategic Blueprint LLC now owns 14,421 shares of the company’s stock worth $915,000 after purchasing an additional 584 shares during the last quarter. Finally, United Asset Strategies Inc. purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the third quarter worth approximately $244,000.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARK 21Shares Bitcoin ETF stock opened at $94.49 on Friday. The business has a 50 day moving average of $98.72 and a 200 day moving average of $80.63.

ARK 21Shares Bitcoin ETF 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.