Concurrent Investment Advisors LLC Trims Position in ARK 21Shares Bitcoin ETF (BATS:ARKB)

Concurrent Investment Advisors LLC trimmed its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,348 shares of the company’s stock after selling 128 shares during the period. Concurrent Investment Advisors LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Jane Street Group LLC increased its stake in shares of ARK 21Shares Bitcoin ETF by 51.3% during the third quarter. Jane Street Group LLC now owns 4,470,297 shares of the company’s stock valued at $283,730,000 after buying an additional 1,516,529 shares during the period. HBK Investments L P grew its holdings in ARK 21Shares Bitcoin ETF by 19.8% during the 3rd quarter. HBK Investments L P now owns 396,608 shares of the company’s stock worth $25,173,000 after acquiring an additional 65,417 shares in the last quarter. Cyndeo Wealth Partners LLC increased its position in ARK 21Shares Bitcoin ETF by 15.3% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 139,595 shares of the company’s stock valued at $13,020,000 after purchasing an additional 18,513 shares during the period. Bank of Montreal Can increased its position in ARK 21Shares Bitcoin ETF by 228.5% during the 3rd quarter. Bank of Montreal Can now owns 95,460 shares of the company’s stock valued at $6,268,000 after purchasing an additional 66,397 shares during the period. Finally, Kedalion Capital Management LLP bought a new stake in shares of ARK 21Shares Bitcoin ETF in the 4th quarter valued at about $6,123,000.

ARK 21Shares Bitcoin ETF Stock Performance

BATS ARKB opened at $94.49 on Monday. The company’s 50-day simple moving average is $98.58 and its 200 day simple moving average is $81.27.

ARK 21Shares Bitcoin ETF Company 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.