Kaleidoscope Capital LP Acquires 215,449 Shares of ARK 21Shares Bitcoin ETF $ARKB

Kaleidoscope Capital LP grew its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 31.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 890,017 shares of the company’s stock after buying an additional 215,449 shares during the quarter. ARK 21Shares Bitcoin ETF comprises approximately 9.7% of Kaleidoscope Capital LP’s portfolio, making the stock its 6th largest holding. Kaleidoscope Capital LP’s holdings in ARK 21Shares Bitcoin ETF were worth $33,838,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE bought a new stake in ARK 21Shares Bitcoin ETF during the 4th quarter worth about $31,000. Allworth Financial LP raised 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 last quarter. Global Trust Asset Management LLC lifted its position 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 worth $38,000 after purchasing an additional 400 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of ARK 21Shares Bitcoin ETF by 200.0% during the second quarter. TD Waterhouse Canada Inc. now owns 1,500 shares of the company’s stock valued at $54,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of ARK 21Shares Bitcoin ETF during the second quarter valued at approximately $63,000.

ARK 21Shares Bitcoin ETF Stock Performance

ARKB stock opened at $21.78 on Monday. The company has a 50 day moving average price of $27.02 and a 200 day moving average price of $32.28. ARK 21Shares Bitcoin ETF has a fifty-two week low of $20.66 and a fifty-two 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.