Surience Private Wealth LLC Reduces Stock Position in ARK 21Shares Bitcoin ETF $ARKB

Surience Private Wealth LLC decreased its holdings in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 63.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 13,858 shares of the company’s stock after selling 24,517 shares during the period. ARK 21Shares Bitcoin ETF accounts for about 0.5% of Surience Private Wealth LLC’s portfolio, making the stock its 25th largest position. Surience Private Wealth LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $527,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Union Bancaire Privee UBP SA bought a new stake in ARK 21Shares Bitcoin ETF during the third quarter valued at about $788,000. Corient Private Wealth LLC purchased a new position in shares of ARK 21Shares Bitcoin ETF in the 2nd quarter worth approximately $417,000. Osaic Holdings Inc. raised its stake in shares of ARK 21Shares Bitcoin ETF by 225.1% during the 2nd quarter. Osaic Holdings Inc. now owns 2,754 shares of the company’s stock worth $99,000 after acquiring an additional 1,907 shares in the last quarter. Advisory Services Network LLC lifted its position in ARK 21Shares Bitcoin ETF by 363.5% during the second quarter. Advisory Services Network LLC now owns 24,299 shares of the company’s stock valued at $942,000 after acquiring an additional 19,057 shares during the last quarter. Finally, Apollo Management Holdings L.P. boosted its stake in ARK 21Shares Bitcoin ETF by 13.8% in the second quarter. Apollo Management Holdings L.P. now owns 1,275,000 shares of the company’s stock valued at $45,632,000 after acquiring an additional 155,000 shares in the last quarter.

ARK 21Shares Bitcoin ETF Trading Down 69.7%

Shares of ARKB opened at $29.18 on Friday. ARK 21Shares Bitcoin ETF has a 12 month low of $16.51 and a 12 month high of $40.62. The stock has a fifty day moving average price of $32.64 and a 200-day moving average price of $35.88.

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. ARKB was launched on Jan 10, 2024 and is issued by ARK.