ARK 21Shares Bitcoin ETF (BATS:ARKB – Get Free Report) traded up 3.9% on Tuesday . The stock traded as high as $102.51 and last traded at $102.08. 1,323,020 shares were traded during mid-day trading, The stock had previously closed at $98.24.
ARK 21Shares Bitcoin ETF Stock Performance
The stock’s 50 day simple moving average is $92.00 and its 200-day simple moving average is $72.39.
Institutional Investors Weigh In On ARK 21Shares Bitcoin ETF
Hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its position in ARK 21Shares Bitcoin ETF by 30.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 10,819 shares of the company’s stock valued at $649,000 after purchasing an additional 2,517 shares in the last quarter. Virtu Financial LLC acquired a new stake in ARK 21Shares Bitcoin ETF in the second quarter valued at approximately $2,114,000. Axxcess Wealth Management LLC lifted its stake in ARK 21Shares Bitcoin ETF by 3.2% in the second quarter. Axxcess Wealth Management LLC now owns 30,017 shares of the company’s stock worth $1,800,000 after acquiring an additional 943 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the 2nd quarter valued at approximately $3,599,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of ARK 21Shares Bitcoin ETF by 6,077.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 71,290 shares of the company’s stock valued at $4,276,000 after purchasing an additional 70,136 shares in the last quarter.
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.
Recommended Stories
- Five stocks we like better than ARK 21Shares Bitcoin ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
- What Does a Stock Split Mean?
- Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac
Receive News & Ratings for ARK 21Shares Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK 21Shares Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.
