Kaleidoscope Capital LP Trims Stock Holdings in ARK 21Shares Bitcoin ETF $ARKB

Kaleidoscope Capital LP lessened its stake in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 19.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 721,208 shares of the company’s stock after selling 168,809 shares during the quarter. ARK 21Shares Bitcoin ETF makes up approximately 8.0% of Kaleidoscope Capital LP’s portfolio, making the stock its 9th biggest position. Kaleidoscope Capital LP owned 0.51% of ARK 21Shares Bitcoin ETF worth $20,944,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE purchased a new stake in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at approximately $31,000. Harbor Investment Advisory LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 32.5% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,530 shares of the company’s stock valued at $44,000 after purchasing an additional 375 shares during the period. RPO LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 0.6% during the third quarter. RPO LLC now owns 77,570 shares of the company’s stock valued at $2,949,000 after purchasing an additional 500 shares during the period. Clark Financial Services Group Inc. BD boosted its stake in shares of ARK 21Shares Bitcoin ETF by 3.8% during the fourth quarter. Clark Financial Services Group Inc. BD now owns 13,892 shares of the company’s stock valued at $435,000 after purchasing an additional 509 shares during the period. Finally, Advisory Services Network LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 2.1% during the third quarter. Advisory Services Network LLC now owns 24,814 shares of the company’s stock valued at $943,000 after purchasing an additional 515 shares during the period.

ARK 21Shares Bitcoin ETF Price Performance

BATS:ARKB opened at $21.08 on Friday. ARK 21Shares Bitcoin ETF has a fifty-two week low of $19.61 and a fifty-two week high of $41.99. The business has a 50 day moving average price of $24.43 and a 200-day moving average price of $25.88.

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. ARKB was launched on Jan 10, 2024 and is issued by ARK.