BIP Wealth LLC Purchases Shares of 139,661 ARK 21Shares Bitcoin ETF $ARKB

BIP Wealth LLC purchased a new stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 139,661 shares of the company’s stock, valued at approximately $4,056,000. BIP Wealth LLC owned about 0.10% of ARK 21Shares Bitcoin ETF as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ARKB. Schonfeld Strategic Advisors LLC increased its stake in ARK 21Shares Bitcoin ETF by 19.8% in the third quarter. Schonfeld Strategic Advisors LLC now owns 3,986,279 shares of the company’s stock valued at $151,558,000 after purchasing an additional 659,692 shares during the last quarter. Kaleidoscope Capital LP increased its stake in ARK 21Shares Bitcoin ETF by 31.9% in the third quarter. Kaleidoscope Capital LP now owns 890,017 shares of the company’s stock valued at $33,838,000 after purchasing an additional 215,449 shares during the last quarter. Apollo Management Holdings L.P. increased its stake in ARK 21Shares Bitcoin ETF by 13.8% in the second quarter. Apollo Management Holdings L.P. now owns 1,275,000 shares of the company’s stock valued at $45,632,000 after purchasing an additional 155,000 shares during the last quarter. Benjamin Edwards Inc. grew its position in shares of ARK 21Shares Bitcoin ETF by 162.7% during the second quarter. Benjamin Edwards Inc. now owns 150,754 shares of the company’s stock worth $5,395,000 after acquiring an additional 93,367 shares during the last quarter. Finally, SIH Partners LLLP purchased a new position in shares of ARK 21Shares Bitcoin ETF during the third quarter worth approximately $3,223,000.

ARK 21Shares Bitcoin ETF Stock Performance

Shares of ARKB opened at $22.90 on Wednesday. The company’s 50 day simple moving average is $23.30 and its 200-day simple moving average is $29.51. ARK 21Shares Bitcoin ETF has a 12-month low of $20.66 and a 12-month 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.