HBW Advisory Services LLC Trims Position in ARK 21Shares Bitcoin ETF (BATS:ARKB)

HBW Advisory Services LLC reduced its position in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 11.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,630 shares of the company’s stock after selling 959 shares during the period. HBW Advisory Services LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $484,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bracebridge Capital LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF during the first quarter worth $307,157,000. Jane Street Group LLC purchased a new stake in ARK 21Shares Bitcoin ETF in the 1st quarter valued at about $239,727,000. Susquehanna International Group LLP grew its holdings in ARK 21Shares Bitcoin ETF by 175.2% in the 2nd quarter. Susquehanna International Group LLP now owns 1,400,441 shares of the company’s stock valued at $83,998,000 after buying an additional 891,617 shares during the period. Apollo Management Holdings L.P. acquired a new position in shares of ARK 21Shares Bitcoin ETF during the 1st quarter valued at about $53,235,000. Finally, ARK Investment Management LLC boosted its position in shares of ARK 21Shares Bitcoin ETF by 17.4% in the second quarter. ARK Investment Management LLC now owns 3,415,365 shares of the company’s stock worth $204,854,000 after acquiring an additional 506,347 shares during the last quarter.

ARK 21Shares Bitcoin ETF Stock Performance

ARKB stock traded up $1.41 on Friday, hitting $62.38. 804,566 shares of the company were exchanged. The company has a fifty day simple moving average of $60.35 and a two-hundred day simple moving average of $63.44.

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.