Hollencrest Capital Management Raises Holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Hollencrest Capital Management lifted its holdings in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 31.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,100 shares of the company’s stock after buying an additional 500 shares during the period. Hollencrest Capital Management’s holdings in ARK 21Shares Bitcoin ETF were worth $196,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in shares of ARK 21Shares Bitcoin ETF during the 4th quarter worth approximately $222,000. Blue Trust Inc. grew its holdings in shares of ARK 21Shares Bitcoin ETF by 144.9% in the 4th quarter. Blue Trust Inc. now owns 6,685 shares of the company’s stock worth $624,000 after acquiring an additional 3,955 shares during the period. HighTower Advisors LLC grew its holdings in shares of ARK 21Shares Bitcoin ETF by 12.4% in the 3rd quarter. HighTower Advisors LLC now owns 28,847 shares of the company’s stock worth $1,827,000 after acquiring an additional 3,183 shares during the period. RFG Advisory LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the 4th quarter worth approximately $303,000. Finally, GR Financial Group LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the 4th quarter worth approximately $412,000.

ARK 21Shares Bitcoin ETF Stock Performance

ARKB opened at $82.91 on Thursday. The stock’s 50 day simple moving average is $95.35 and its 200 day simple moving average is $83.49. ARK 21Shares Bitcoin ETF has a 1-year low of $49.53 and a 1-year high of $108.28.

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.