Blue Trust Inc. Increases Stake in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Blue Trust Inc. boosted its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 96.3% in the 3rd quarter, Holdings Channel reports. The fund owned 2,730 shares of the company’s stock after buying an additional 1,339 shares during the period. Blue Trust Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $164,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of ARKB. Bracebridge Capital LLC purchased a new position in ARK 21Shares Bitcoin ETF during the first quarter valued at approximately $307,157,000. Jane Street Group LLC purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at approximately $239,727,000. Susquehanna International Group LLP increased its position in shares of ARK 21Shares Bitcoin ETF by 175.2% in the second quarter. Susquehanna International Group LLP now owns 1,400,441 shares of the company’s stock valued at $83,998,000 after buying an additional 891,617 shares in the last quarter. Apollo Management Holdings L.P. purchased a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at approximately $53,235,000. Finally, ARK Investment Management LLC increased its position 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 buying an additional 506,347 shares in the last quarter.

ARK 21Shares Bitcoin ETF Price Performance

ARK 21Shares Bitcoin ETF stock opened at $66.67 on Friday. The firm has a 50 day simple moving average of $61.89 and a 200 day simple moving average of $63.13.

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.