Paragon Private Wealth Management LLC Invests $575,000 in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Paragon Private Wealth Management LLC acquired a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,169 shares of the company’s stock, valued at approximately $575,000.

Several other institutional investors have also recently modified their holdings of ARKB. Sanctuary Wealth Management L.L.C. raised its stake 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 purchasing an additional 433 shares during the last quarter. CENTRAL TRUST Co raised its position in ARK 21Shares Bitcoin ETF by 46.9% during the fourth quarter. CENTRAL TRUST Co now owns 939 shares of the company’s stock valued at $88,000 after acquiring an additional 300 shares in the last quarter. PNC Financial Services Group Inc. raised its position in ARK 21Shares Bitcoin ETF by 266.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,650 shares of the company’s stock valued at $154,000 after acquiring an additional 1,200 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in ARK 21Shares Bitcoin ETF during the fourth quarter valued at approximately $222,000. Finally, Foundations Investment Advisors LLC purchased a new position in ARK 21Shares Bitcoin ETF during the fourth quarter valued at approximately $226,000.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARKB stock opened at $86.95 on Monday. The firm’s fifty day moving average is $96.09 and its 200 day moving average is $83.23.

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.