Meitav Investment House Ltd. Raises Holdings in ARK 21Shares Bitcoin ETF $ARKB

Meitav Investment House Ltd. grew its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 29.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,887 shares of the company’s stock after purchasing an additional 17,773 shares during the period. Meitav Investment House Ltd. owned about 0.06% of ARK 21Shares Bitcoin ETF worth $2,999,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE bought a new stake in ARK 21Shares Bitcoin ETF in the 4th quarter worth about $31,000. Kiker Wealth Management LLC boosted its holdings in shares of ARK 21Shares Bitcoin ETF by 200.0% during the 2nd quarter. Kiker Wealth Management LLC now owns 900 shares of the company’s stock valued at $32,000 after acquiring an additional 600 shares during the last quarter. Allworth Financial LP grew its stake in shares of ARK 21Shares Bitcoin ETF by 96.3% in the second quarter. Allworth Financial LP now owns 942 shares of the company’s stock worth $34,000 after acquiring an additional 462 shares during the period. Global Trust Asset Management LLC raised its holdings in shares of ARK 21Shares Bitcoin ETF by 66.7% during the third quarter. Global Trust Asset Management LLC now owns 1,000 shares of the company’s stock valued at $38,000 after purchasing an additional 400 shares during the last quarter. Finally, Painted Porch Advisors LLC lifted its position in ARK 21Shares Bitcoin ETF by 200.0% during the second quarter. Painted Porch Advisors LLC now owns 1,425 shares of the company’s stock valued at $51,000 after purchasing an additional 950 shares during the period.

ARK 21Shares Bitcoin ETF Stock Down 67.1%

BATS:ARKB opened at $31.68 on Friday. The company has a 50 day simple moving average of $30.20 and a two-hundred day simple moving average of $35.16. ARK 21Shares Bitcoin ETF has a 12 month low of $16.51 and a 12 month high of $40.62.

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