Union Bancaire Privee UBP SA Takes Position in ARK 21Shares Bitcoin ETF $ARKB

Union Bancaire Privee UBP SA bought a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 20,726 shares of the company’s stock, valued at approximately $788,000.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in shares of ARK 21Shares Bitcoin ETF in the fourth quarter worth about $31,000. United Asset Strategies Inc. increased its stake in ARK 21Shares Bitcoin ETF by 32.8% in the 1st quarter. United Asset Strategies Inc. now owns 4,655 shares of the company’s stock worth $383,000 after purchasing an additional 1,150 shares during the period. Aristides Capital LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 14.0% during the first quarter. Aristides Capital LLC now owns 65,010 shares of the company’s stock valued at $5,344,000 after purchasing an additional 8,000 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the first quarter valued at approximately $829,000. Finally, OLD Mission Capital LLC bought a new position in shares of ARK 21Shares Bitcoin ETF in the first quarter worth approximately $3,160,000.

ARK 21Shares Bitcoin ETF Stock Down 70.4%

Shares of BATS ARKB opened at $28.50 on Thursday. ARK 21Shares Bitcoin ETF has a 52 week low of $16.51 and a 52 week high of $40.62. The firm’s fifty day moving average is $33.07 and its 200 day moving average is $35.97.

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.