First Horizon Advisors Inc. Purchases 1,853 Shares of ARK 21Shares Bitcoin ETF $ARKB

First Horizon Advisors Inc. increased its position in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 77.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,255 shares of the company’s stock after purchasing an additional 1,853 shares during the period. First Horizon Advisors Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BCS Wealth Management bought a new position in shares of ARK 21Shares Bitcoin ETF during the second quarter worth $214,000. Meitav Investment House Ltd. increased its holdings in ARK 21Shares Bitcoin ETF by 397.1% in the 2nd quarter. Meitav Investment House Ltd. now owns 61,114 shares of the company’s stock valued at $2,187,000 after acquiring an additional 48,820 shares during the last quarter. Meritage Portfolio Management lifted its stake in ARK 21Shares Bitcoin ETF by 200.0% in the 2nd quarter. Meritage Portfolio Management now owns 27,351 shares of the company’s stock worth $979,000 after purchasing an additional 18,234 shares in the last quarter. Avondale Wealth Management lifted its stake in ARK 21Shares Bitcoin ETF by 200.0% in the 2nd quarter. Avondale Wealth Management now owns 9,119 shares of the company’s stock worth $326,000 after purchasing an additional 6,079 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new position in shares of ARK 21Shares Bitcoin ETF during the 1st quarter valued at about $3,160,000.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARK 21Shares Bitcoin ETF stock opened at $34.46 on Friday. The stock has a 50 day moving average of $37.43 and a 200 day moving average of $36.63. ARK 21Shares Bitcoin ETF has a 12 month low of $16.51 and a 12 month high of $40.62.

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.