Dynamic Advisor Solutions LLC Invests $286,000 in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Dynamic Advisor Solutions LLC bought a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,500 shares of the company’s stock, valued at approximately $286,000.

Several other large investors have also added to or reduced their stakes in ARKB. Bracebridge Capital LLC bought a new stake in shares of ARK 21Shares Bitcoin ETF in the 1st quarter worth $307,157,000. ARK Investment Management LLC grew its position in ARK 21Shares Bitcoin ETF by 17.4% in the 2nd quarter. ARK Investment Management LLC now owns 3,415,365 shares of the company’s stock worth $204,854,000 after purchasing an additional 506,347 shares in the last quarter. 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 lifted its position in shares of ARK 21Shares Bitcoin ETF by 175.2% during the 2nd quarter. Susquehanna International Group LLP now owns 1,400,441 shares of the company’s stock worth $83,998,000 after buying an additional 891,617 shares in the last quarter. Finally, Apollo Management Holdings L.P. purchased a new position in shares of ARK 21Shares Bitcoin ETF in the 1st quarter worth approximately $53,235,000.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARKB opened at $63.08 on Monday. The firm’s 50 day simple moving average is $60.06 and its 200 day simple moving average is $63.25.

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.