ARK 21Shares Bitcoin ETF (BATS:ARKB) is Titleist Asset Management LLC’s 8th Largest Position

Titleist Asset Management LLC reduced its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 3.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 180,435 shares of the company’s stock after selling 6,485 shares during the quarter. ARK 21Shares Bitcoin ETF accounts for approximately 1.9% of Titleist Asset Management LLC’s portfolio, making the stock its 8th largest holding. Titleist Asset Management LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $16,829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARKB. Geneos Wealth Management Inc. bought a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at about $222,000. Blue Trust Inc. boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 144.9% during the 4th quarter. Blue Trust Inc. now owns 6,685 shares of the company’s stock valued at $624,000 after buying an additional 3,955 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of ARK 21Shares Bitcoin ETF by 2.3% during the fourth quarter. HighTower Advisors LLC now owns 29,514 shares of the company’s stock valued at $2,753,000 after purchasing an additional 667 shares during the last quarter. RFG Advisory LLC bought a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at $303,000. Finally, GR Financial Group LLC bought a new position in shares of ARK 21Shares Bitcoin ETF in the fourth quarter worth approximately $412,000.

ARK 21Shares Bitcoin ETF Stock Down 13.0 %

Shares of BATS ARKB opened at $83.77 on Friday. ARK 21Shares Bitcoin ETF has a 52-week low of $49.53 and a 52-week high of $108.28. The firm’s 50-day moving average price is $90.33 and its 200-day moving average price is $86.58.

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.