Modern Wealth Management LLC Makes New $408,000 Investment in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Modern Wealth Management LLC purchased a new stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,201 shares of the company’s stock, valued at approximately $408,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of Montreal Can increased its position in shares of ARK 21Shares Bitcoin ETF by 228.5% in the 3rd quarter. Bank of Montreal Can now owns 95,460 shares of the company’s stock valued at $6,268,000 after acquiring an additional 66,397 shares during the period. HBK Investments L P boosted its position in ARK 21Shares Bitcoin ETF by 19.8% in the third quarter. HBK Investments L P now owns 396,608 shares of the company’s stock valued at $25,173,000 after buying an additional 65,417 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in ARK 21Shares Bitcoin ETF by 13,068.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 64,396 shares of the company’s stock worth $4,087,000 after buying an additional 63,907 shares during the period. HighTower Advisors LLC lifted its stake in ARK 21Shares Bitcoin ETF by 12.4% during the 3rd quarter. HighTower Advisors LLC now owns 28,847 shares of the company’s stock valued at $1,827,000 after acquiring an additional 3,183 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 51.3% in the 3rd quarter. Jane Street Group LLC now owns 4,470,297 shares of the company’s stock valued at $283,730,000 after acquiring an additional 1,516,529 shares during the last quarter.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARK 21Shares Bitcoin ETF stock opened at $86.87 on Friday. The firm has a fifty day moving average price of $92.83 and a 200 day moving average price of $85.32. ARK 21Shares Bitcoin ETF has a 1 year low of $49.53 and a 1 year high of $108.28.

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.