DRW Securities LLC Makes New $222,000 Investment in ARK 21Shares Bitcoin ETF (BATS:ARKB)

DRW Securities LLC acquired a new stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 2,377 shares of the company’s stock, valued at approximately $222,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ARKB. CENTRAL TRUST Co lifted its stake in ARK 21Shares Bitcoin ETF by 46.9% in the fourth quarter. CENTRAL TRUST Co now owns 939 shares of the company’s stock worth $88,000 after purchasing an additional 300 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of ARK 21Shares Bitcoin ETF by 266.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,650 shares of the company’s stock valued at $154,000 after acquiring an additional 1,200 shares during the last quarter. Hollencrest Capital Management boosted its holdings in ARK 21Shares Bitcoin ETF by 31.3% during the 4th quarter. Hollencrest Capital Management now owns 2,100 shares of the company’s stock valued at $196,000 after acquiring an additional 500 shares during the period. Geneos Wealth Management Inc. bought a new position in ARK 21Shares Bitcoin ETF during the 4th quarter worth approximately $222,000. Finally, Foundations Investment Advisors LLC bought a new position in ARK 21Shares Bitcoin ETF during the 4th quarter worth approximately $226,000.

ARK 21Shares Bitcoin ETF Trading Down 13.0 %

Shares of ARKB stock opened at $83.78 on Friday. ARK 21Shares Bitcoin ETF has a fifty-two week low of $49.53 and a fifty-two week high of $108.28. The stock has a 50 day moving average price of $87.26 and a two-hundred day moving average price of $87.24.

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.