Titleist Asset Management LLC Sells 89,090 Shares of ARK 21Shares Bitcoin ETF $ARKB

Titleist Asset Management LLC lowered its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 18.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 389,144 shares of the company’s stock after selling 89,090 shares during the period. ARK 21Shares Bitcoin ETF makes up 1.3% of Titleist Asset Management LLC’s portfolio, making the stock its 19th largest holding. Titleist Asset Management LLC owned 0.28% of ARK 21Shares Bitcoin ETF worth $14,795,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Bank of America Corp DE bought a new position in ARK 21Shares Bitcoin ETF during the 4th quarter worth $31,000. Global Trust Asset Management LLC increased its position in shares of ARK 21Shares Bitcoin ETF by 66.7% in the third quarter. Global Trust Asset Management LLC now owns 1,000 shares of the company’s stock worth $38,000 after purchasing an additional 400 shares during the period. Allworth Financial LP raised its stake in ARK 21Shares Bitcoin ETF by 96.3% in the second quarter. Allworth Financial LP now owns 942 shares of the company’s stock valued at $34,000 after purchasing an additional 462 shares in the last quarter. Kiker Wealth Management LLC lifted its position in ARK 21Shares Bitcoin ETF by 200.0% during the second quarter. Kiker Wealth Management LLC now owns 900 shares of the company’s stock worth $32,000 after purchasing an additional 600 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in ARK 21Shares Bitcoin ETF by 1.9% during the third quarter. Geneos Wealth Management Inc. now owns 40,908 shares of the company’s stock worth $1,555,000 after buying an additional 750 shares in the last quarter.

ARK 21Shares Bitcoin ETF Stock Performance

Shares of ARKB opened at $24.36 on Thursday. ARK 21Shares Bitcoin ETF has a one year low of $16.51 and a one year high of $40.62. The firm has a 50 day simple moving average of $29.54 and a two-hundred day simple moving average of $34.31.

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. ARKB was launched on Jan 10, 2024 and is issued by ARK.