GK Wealth Management LLC Makes New $1.20 Million Investment in ARK 21Shares Bitcoin ETF $ARKB

GK Wealth Management LLC acquired a new stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 43,446 shares of the company’s stock, valued at approximately $1,203,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Galaxy Digital Inc. bought a new stake in shares of ARK 21Shares Bitcoin ETF during the first quarter worth $116,089,000. Blue Trust Inc. grew its holdings in shares of ARK 21Shares Bitcoin ETF by 20.4% in the first quarter. Blue Trust Inc. now owns 196,708 shares of the company’s stock worth $4,424,000 after purchasing an additional 33,305 shares during the last quarter. BIP Wealth LLC increased its stake in ARK 21Shares Bitcoin ETF by 3.0% in the 1st quarter. BIP Wealth LLC now owns 143,874 shares of the company’s stock worth $3,236,000 after buying an additional 4,213 shares during the period. Meitav Investment House Ltd. increased its stake in ARK 21Shares Bitcoin ETF by 45.2% in the 1st quarter. Meitav Investment House Ltd. now owns 141,822 shares of the company’s stock worth $3,190,000 after buying an additional 44,162 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings in ARK 21Shares Bitcoin ETF by 2.2% during the 1st quarter. Kestra Advisory Services LLC now owns 92,918 shares of the company’s stock valued at $2,090,000 after buying an additional 2,020 shares in the last quarter.

ARK 21Shares Bitcoin ETF Trading Up 0.7%

ARKB traded up $0.18 on Friday, reaching $27.28. 1,380,885 shares of the company traded hands, compared to its average volume of 3,335,675. ARK 21Shares Bitcoin ETF has a one year low of $19.24 and a one year high of $40.74. The firm has a fifty day simple moving average of $25.19 and a two-hundred day simple moving average of $23.78.

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.