Union Bancaire Privee UBP SA Makes New $788,000 Investment in ARK 21Shares Bitcoin ETF $ARKB

Union Bancaire Privee UBP SA acquired a new stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 20,726 shares of the company’s stock, valued at approximately $788,000.

A number of other hedge funds also recently made changes to their positions in ARKB. ARK Investment Management LLC boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 130.8% in the 2nd quarter. ARK Investment Management LLC now owns 6,622,008 shares of the company’s stock worth $237,002,000 after buying an additional 3,752,535 shares during the last quarter. HBK Investments L P raised its position in ARK 21Shares Bitcoin ETF by 299.8% in the second quarter. HBK Investments L P now owns 3,267,144 shares of the company’s stock worth $116,931,000 after acquiring an additional 2,449,976 shares during the period. Vestor Capital LLC purchased a new position in ARK 21Shares Bitcoin ETF in the second quarter valued at about $22,167,000. Titleist Asset Management LLC grew its position in shares of ARK 21Shares Bitcoin ETF by 197.9% during the 2nd quarter. Titleist Asset Management LLC now owns 478,234 shares of the company’s stock valued at $17,116,000 after acquiring an additional 317,680 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its stake in shares of ARK 21Shares Bitcoin ETF by 205.7% during the 2nd quarter. Cyndeo Wealth Partners LLC now owns 385,551 shares of the company’s stock worth $13,799,000 after purchasing an additional 259,427 shares during the last quarter.

ARK 21Shares Bitcoin ETF Stock Down 70.4%

BATS:ARKB opened at $28.50 on Thursday. ARK 21Shares Bitcoin ETF has a 12 month low of $16.51 and a 12 month high of $40.62. The firm’s 50 day moving average is $33.07 and its 200 day moving average is $35.97.

ARK 21Shares Bitcoin ETF 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.