Avior Wealth Management LLC Cuts Stock Position in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Avior Wealth Management LLC decreased its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 23.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,277 shares of the company’s stock after selling 700 shares during the quarter. Avior Wealth Management LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $145,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Empower Advisory Group LLC raised its position in shares of ARK 21Shares Bitcoin ETF by 29.2% in the 3rd quarter. Empower Advisory Group LLC now owns 5,720 shares of the company’s stock worth $363,000 after purchasing an additional 1,294 shares during the last quarter. Meritage Portfolio Management raised its holdings in ARK 21Shares Bitcoin ETF by 129.4% in the third quarter. Meritage Portfolio Management now owns 18,034 shares of the company’s stock worth $1,145,000 after buying an additional 10,171 shares during the last quarter. Sanctuary Wealth Management L.L.C. lifted 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 buying an additional 433 shares in the last quarter. Hollencrest Capital Management purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the third quarter valued at approximately $102,000. Finally, Concurrent Investment Advisors LLC increased its position in shares of ARK 21Shares Bitcoin ETF by 39.7% during the third quarter. Concurrent Investment Advisors LLC now owns 9,476 shares of the company’s stock valued at $601,000 after acquiring an additional 2,695 shares in the last quarter.

ARK 21Shares Bitcoin ETF Trading Up 0.9 %

ARKB stock opened at $98.98 on Friday. The company has a 50-day simple moving average of $71.09 and a 200 day simple moving average of $65.67.

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.