Castle Rock Wealth Management LLC Decreases Stake in ARK 21Shares Bitcoin ETF $ARKB

Castle Rock Wealth Management LLC lessened its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 71.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,951 shares of the company’s stock after selling 61,481 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in ARK 21Shares Bitcoin ETF were worth $725,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ARKB. Ares Financial Consulting LLC purchased a new position in shares of ARK 21Shares Bitcoin ETF in the 4th quarter valued at about $28,000. Comerica Bank boosted its stake in shares of ARK 21Shares Bitcoin ETF by 137.3% in the 4th quarter. Comerica Bank now owns 1,006 shares of the company’s stock valued at $29,000 after buying an additional 582 shares during the period. Bank of America Corp DE purchased a new position in shares of ARK 21Shares Bitcoin ETF in the 4th quarter valued at about $31,000. Global Trust Asset Management LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 66.7% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,000 shares of the company’s stock valued at $38,000 after buying an additional 400 shares during the period. Finally, Harbor Investment Advisory LLC boosted its stake in shares of ARK 21Shares Bitcoin ETF by 32.5% in the 4th quarter. Harbor Investment Advisory LLC now owns 1,530 shares of the company’s stock valued at $44,000 after buying an additional 375 shares during the period.

ARK 21Shares Bitcoin ETF Stock Performance

ARKB stock opened at $26.38 on Thursday. The business has a 50 day moving average price of $24.30 and a 200 day moving average price of $27.40. 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.