Sanctuary Wealth Management L.L.C. Raises Holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Sanctuary Wealth Management L.L.C. raised its position in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 462.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,443 shares of the company’s stock after acquiring an additional 2,009 shares during the period. Sanctuary Wealth Management L.L.C.’s holdings in ARK 21Shares Bitcoin ETF were worth $228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ARKB. Jane Street Group LLC raised its stake 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 period. Cyndeo Wealth Partners LLC increased its holdings in ARK 21Shares Bitcoin ETF by 15.3% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 139,595 shares of the company’s stock valued at $13,020,000 after purchasing an additional 18,513 shares in the last quarter. Bank of Montreal Can raised its position in ARK 21Shares Bitcoin ETF by 228.5% in the third quarter. Bank of Montreal Can now owns 95,460 shares of the company’s stock valued at $6,268,000 after purchasing an additional 66,397 shares during the period. Vestmark Advisory Solutions Inc. lifted its stake in shares of ARK 21Shares Bitcoin ETF by 2,129.5% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 92,635 shares of the company’s stock worth $8,640,000 after purchasing an additional 88,480 shares in the last quarter. Finally, Kedalion Capital Management LLP purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the fourth quarter worth about $6,123,000.

ARK 21Shares Bitcoin ETF Trading Down 13.2 %

ARKB stock opened at $83.55 on Friday. The stock has a 50-day simple moving average of $92.40 and a 200-day simple moving average of $85.70. ARK 21Shares Bitcoin ETF has a 1 year low of $49.53 and a 1 year high of $108.28.

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.