ARK 21Shares Bitcoin ETF $ARKB is Kaleidoscope Capital LP’s 9th Largest Position

Kaleidoscope Capital LP decreased its holdings in ARK 21Shares Bitcoin ETF (BATS:ARKB) by 19.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 721,208 shares of the company’s stock after selling 168,809 shares during the period. ARK 21Shares Bitcoin ETF comprises about 8.0% of Kaleidoscope Capital LP’s portfolio, making the stock its 9th largest holding. Kaleidoscope Capital LP’s holdings in ARK 21Shares Bitcoin ETF were worth $20,944,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Douglass Winthrop Advisors LLC lifted its position in ARK 21Shares Bitcoin ETF by 52.5% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 12,200 shares of the company’s stock valued at $354,000 after buying an additional 4,200 shares during the period. DRW Securities LLC lifted its position in ARK 21Shares Bitcoin ETF by 1.1% during the fourth quarter. DRW Securities LLC now owns 262,193 shares of the company’s stock valued at $7,614,000 after buying an additional 2,789 shares during the period. Renaissance Technologies LLC lifted its position in ARK 21Shares Bitcoin ETF by 173.8% during the fourth quarter. Renaissance Technologies LLC now owns 127,600 shares of the company’s stock valued at $3,706,000 after buying an additional 81,000 shares during the period. Intesa Sanpaolo S.p.A. purchased a new position in ARK 21Shares Bitcoin ETF during the fourth quarter valued at $72,597,000. Finally, Marex Group plc lifted its position in ARK 21Shares Bitcoin ETF by 25.0% during the fourth quarter. Marex Group plc now owns 25,000 shares of the company’s stock valued at $726,000 after buying an additional 5,000 shares during the period.

ARK 21Shares Bitcoin ETF Price Performance

Shares of ARK 21Shares Bitcoin ETF stock opened at $21.08 on Friday. The business has a fifty day simple moving average of $24.43 and a two-hundred day simple moving average of $25.88. ARK 21Shares Bitcoin ETF has a 12 month low of $19.61 and a 12 month 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.