MADDEN SECURITIES Corp Lowers Stake in ARK 21Shares Bitcoin ETF $ARKB

MADDEN SECURITIES Corp cut its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 9.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 201,359 shares of the company’s stock after selling 22,005 shares during the quarter. ARK 21Shares Bitcoin ETF makes up about 1.8% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 17th largest position. MADDEN SECURITIES Corp’s holdings in ARK 21Shares Bitcoin ETF were worth $5,847,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in ARKB. Schonfeld Strategic Advisors LLC raised its holdings in shares of ARK 21Shares Bitcoin ETF by 19.8% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 3,986,279 shares of the company’s stock valued at $151,558,000 after purchasing an additional 659,692 shares in the last quarter. Kaleidoscope Capital LP raised its holdings in shares of ARK 21Shares Bitcoin ETF by 31.9% in the 3rd quarter. Kaleidoscope Capital LP now owns 890,017 shares of the company’s stock valued at $33,838,000 after purchasing an additional 215,449 shares in the last quarter. BIP Wealth LLC bought a new position in shares of ARK 21Shares Bitcoin ETF during the fourth quarter valued at approximately $4,056,000. Benjamin Edwards Inc. boosted its stake in shares of ARK 21Shares Bitcoin ETF by 162.7% during the second quarter. Benjamin Edwards Inc. now owns 150,754 shares of the company’s stock valued at $5,395,000 after purchasing an additional 93,367 shares in the last quarter. Finally, SIH Partners LLLP bought a new position in shares of ARK 21Shares Bitcoin ETF during the third quarter valued at approximately $3,223,000.

ARK 21Shares Bitcoin ETF Stock Performance

BATS ARKB opened at $26.60 on Monday. The firm’s 50 day moving average price is $23.96 and its 200-day moving average price is $27.67. ARK 21Shares Bitcoin ETF has a 52-week low of $20.66 and a 52-week high of $41.99.

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.