ARK 21Shares Bitcoin ETF (BATS:ARKB) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC trimmed its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 1.4% during the 4th quarter, Holdings Channel reports. The fund owned 9,348 shares of the company’s stock after selling 128 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Geneos Wealth Management Inc. acquired a new position in shares of ARK 21Shares Bitcoin ETF in the fourth quarter worth about $222,000. Blue Trust Inc. raised its holdings in ARK 21Shares Bitcoin ETF by 144.9% in the 4th quarter. Blue Trust Inc. now owns 6,685 shares of the company’s stock worth $624,000 after purchasing an additional 3,955 shares during the period. Strategic Blueprint LLC boosted its position in ARK 21Shares Bitcoin ETF by 4.2% during the third quarter. Strategic Blueprint LLC now owns 14,421 shares of the company’s stock worth $915,000 after purchasing an additional 584 shares in the last quarter. HighTower Advisors LLC grew its holdings in ARK 21Shares Bitcoin ETF by 12.4% in the third quarter. HighTower Advisors LLC now owns 28,847 shares of the company’s stock valued at $1,827,000 after purchasing an additional 3,183 shares during the period. Finally, RFG Advisory LLC acquired a new stake in ARK 21Shares Bitcoin ETF in the fourth quarter valued at approximately $303,000.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARKB stock opened at $94.49 on Monday. The stock’s fifty day simple moving average is $98.58 and its 200 day simple moving average is $81.27.

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.