210,881 Shares in ARK 21Shares Bitcoin ETF $ARKB Bought by Palatine Hill Wealth Management LLC

Palatine Hill Wealth Management LLC purchased a new position in ARK 21Shares Bitcoin ETF (BATS:ARKB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 210,881 shares of the company’s stock, valued at approximately $6,124,000. ARK 21Shares Bitcoin ETF makes up about 4.9% of Palatine Hill Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Palatine Hill Wealth Management LLC owned approximately 0.15% of ARK 21Shares Bitcoin ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. COFG Advisors LLC purchased a new stake in ARK 21Shares Bitcoin ETF in the 4th quarter worth $209,000. Womack Financial LLC increased its holdings in ARK 21Shares Bitcoin ETF by 36.6% in the 4th quarter. Womack Financial LLC now owns 11,594 shares of the company’s stock worth $337,000 after acquiring an additional 3,108 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in ARK 21Shares Bitcoin ETF by 82.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 75,227 shares of the company’s stock worth $2,185,000 after acquiring an additional 33,968 shares in the last quarter. Advisory Alpha LLC purchased a new stake in ARK 21Shares Bitcoin ETF in the 4th quarter worth $263,000. Finally, PNC Financial Services Group Inc. increased its holdings in ARK 21Shares Bitcoin ETF by 333.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,600 shares of the company’s stock worth $453,000 after acquiring an additional 12,000 shares in the last quarter.

ARK 21Shares Bitcoin ETF Price Performance

Shares of BATS ARKB opened at $22.29 on Wednesday. The firm has a fifty day moving average of $24.75 and a 200 day moving average of $26.46. ARK 21Shares Bitcoin ETF has a one year low of $20.66 and a one year 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.