Richardson Capital Management LLC Takes $236,000 Position in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Richardson Capital Management LLC acquired a new position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,529 shares of the company’s stock, valued at approximately $236,000. ARK 21Shares Bitcoin ETF accounts for 0.2% of Richardson Capital Management LLC’s portfolio, making the stock its 29th biggest position.

A number of other large investors have also recently bought and sold shares of ARKB. Element Wealth LLC acquired a new stake in ARK 21Shares Bitcoin ETF in the fourth quarter worth $282,000. Advyzon Investment Management LLC bought a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter worth about $1,009,000. Atlas Legacy Advisors LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the 4th quarter worth about $340,000. Blue Trust Inc. lifted its position in ARK 21Shares Bitcoin ETF by 714.9% in the 4th quarter. Blue Trust Inc. now owns 22,246 shares of the company’s stock valued at $2,075,000 after purchasing an additional 19,516 shares during the last quarter. Finally, Kedalion Capital Management LLP acquired a new position in ARK 21Shares Bitcoin ETF during the 4th quarter valued at about $6,123,000.

ARK 21Shares Bitcoin ETF Stock Down 1.9 %

BATS ARKB opened at $94.49 on Friday. The stock has a 50 day moving average price of $98.58 and a 200-day moving average price of $80.92.

About ARK 21Shares Bitcoin ETF

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.