ARK 21Shares Bitcoin ETF (BATS:ARKB) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC trimmed its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 7.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,113 shares of the company’s stock after selling 461 shares during the quarter. Arete Wealth Advisors LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $388,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at approximately $33,000. CWM LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the second quarter valued at approximately $59,000. Dakota Wealth Management boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 45.2% in the second quarter. Dakota Wealth Management now owns 90,979 shares of the company’s stock valued at $5,457,000 after acquiring an additional 28,313 shares during the period. State of Michigan Retirement System acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the second quarter valued at approximately $6,598,000. Finally, ARK Investment Management LLC boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 17.4% in the second quarter. ARK Investment Management LLC now owns 3,415,365 shares of the company’s stock valued at $204,854,000 after acquiring an additional 506,347 shares during the period.

ARK 21Shares Bitcoin ETF Price Performance

ARKB stock opened at $101.55 on Friday. The company has a fifty day moving average price of $80.87 and a 200 day moving average price of $68.74.

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.