Vestmark Advisory Solutions Inc. Acquires 88,480 Shares of ARK 21Shares Bitcoin ETF (BATS:ARKB)

Vestmark Advisory Solutions Inc. grew its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 2,129.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 92,635 shares of the company’s stock after purchasing an additional 88,480 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $8,640,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sanctuary Wealth Management L.L.C. raised its position in ARK 21Shares Bitcoin ETF by 43,300.0% in the 3rd quarter. Sanctuary Wealth Management L.L.C. now owns 434 shares of the company’s stock valued at $28,000 after buying an additional 433 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of 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 acquiring an additional 300 shares in the last quarter. Hollencrest Capital Management purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the third quarter valued at about $102,000. Geneos Wealth Management Inc. bought a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at about $222,000. Finally, Foundations Investment Advisors LLC bought a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at about $226,000.

ARK 21Shares Bitcoin ETF Stock Down 6.3 %

Shares of ARKB stock opened at $90.22 on Thursday. The stock has a 50-day moving average price of $96.45 and a 200-day moving average price of $82.67.

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.