Insigneo Advisory Services LLC Invests $893,000 in ARK 21Shares Bitcoin ETF $ARKB

Insigneo Advisory Services LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 23,481 shares of the company’s stock, valued at approximately $893,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE acquired a new stake in ARK 21Shares Bitcoin ETF in the 4th quarter worth approximately $31,000. NewEdge Advisors LLC raised its holdings in shares of ARK 21Shares Bitcoin ETF by 18.4% in the first quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $1,288,000 after buying an additional 2,433 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of ARK 21Shares Bitcoin ETF by 157.5% during the second quarter. Envestnet Asset Management Inc. now owns 157,818 shares of the company’s stock worth $5,648,000 after buying an additional 96,522 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of ARK 21Shares Bitcoin ETF by 223.7% during the second quarter. Hantz Financial Services Inc. now owns 1,884 shares of the company’s stock worth $67,000 after buying an additional 1,302 shares during the period. Finally, First Horizon Advisors Inc. grew its holdings in shares of ARK 21Shares Bitcoin ETF by 77.1% during the second quarter. First Horizon Advisors Inc. now owns 4,255 shares of the company’s stock valued at $152,000 after buying an additional 1,853 shares during the last quarter.

ARK 21Shares Bitcoin ETF Price Performance

BATS ARKB opened at $24.26 on Thursday. The stock’s fifty day moving average price is $26.67 and its 200 day moving average price is $32.00. ARK 21Shares Bitcoin ETF has a 1 year low of $20.66 and a 1 year high of $41.99.

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.