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

Sanctuary Wealth Management L.L.C. increased its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 43,300.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 434 shares of the company’s stock after purchasing an additional 433 shares during the quarter. Sanctuary Wealth Management L.L.C.’s holdings in ARK 21Shares Bitcoin ETF were worth $28,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ARKB. EverSource Wealth Advisors LLC purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the 1st quarter worth approximately $28,000. Comerica Bank acquired a new position in shares of ARK 21Shares Bitcoin ETF during the 1st quarter worth $33,000. Strategic Blueprint LLC raised its stake in shares of ARK 21Shares Bitcoin ETF by 4.2% during the 3rd quarter. Strategic Blueprint LLC now owns 14,421 shares of the company’s stock worth $915,000 after buying an additional 584 shares during the last quarter. Dakota Wealth Management grew its stake in ARK 21Shares Bitcoin ETF by 0.8% in the 3rd quarter. Dakota Wealth Management now owns 91,685 shares of the company’s stock valued at $5,819,000 after acquiring an additional 706 shares during the last quarter. Finally, Indiana Trust & Investment Management CO increased its stake in shares of ARK 21Shares Bitcoin ETF by 512.1% during the 2nd quarter. Indiana Trust & Investment Management CO now owns 1,010 shares of the company’s stock worth $61,000 after purchasing an additional 845 shares in the last quarter.

ARK 21Shares Bitcoin ETF Stock Performance

ARKB stock traded up $0.31 on Friday, reaching $76.76. The company had a trading volume of 1,351,967 shares. The firm’s 50-day moving average price is $64.18 and its two-hundred day moving average price is $63.58.

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.