Titleist Asset Management LLC Boosts Position in ARK 21Shares Bitcoin ETF $ARKB

Titleist Asset Management LLC boosted its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 197.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 478,234 shares of the company’s stock after purchasing an additional 317,680 shares during the quarter. ARK 21Shares Bitcoin ETF comprises approximately 1.7% of Titleist Asset Management LLC’s portfolio, making the stock its 13th biggest position. Titleist Asset Management LLC owned approximately 0.34% of ARK 21Shares Bitcoin ETF worth $17,116,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. BCS Wealth Management acquired a new position in shares of ARK 21Shares Bitcoin ETF in the 2nd quarter valued at $214,000. Meitav Investment House Ltd. lifted its position in ARK 21Shares Bitcoin ETF by 397.1% in the second quarter. Meitav Investment House Ltd. now owns 61,114 shares of the company’s stock valued at $2,187,000 after acquiring an additional 48,820 shares during the last quarter. Meritage Portfolio Management lifted its position in ARK 21Shares Bitcoin ETF by 200.0% in the second quarter. Meritage Portfolio Management now owns 27,351 shares of the company’s stock valued at $979,000 after acquiring an additional 18,234 shares during the last quarter. Avondale Wealth Management boosted its stake in ARK 21Shares Bitcoin ETF by 200.0% in the second quarter. Avondale Wealth Management now owns 9,119 shares of the company’s stock valued at $326,000 after acquiring an additional 6,079 shares in the last quarter. Finally, CGN Advisors LLC purchased a new position in shares of ARK 21Shares Bitcoin ETF during the second quarter worth about $245,000.

ARK 21Shares Bitcoin ETF Trading Down 70.9%

ARKB opened at $28.06 on Friday. ARK 21Shares Bitcoin ETF has a one year low of $16.51 and a one year high of $40.62. The business’s 50-day simple moving average is $36.27 and its 200-day simple moving average is $36.62.

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.