United Asset Strategies Inc. Has $327,000 Stake in ARK 21Shares Bitcoin ETF (BATS:ARKB)

United Asset Strategies Inc. lessened its holdings in shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) by 8.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,505 shares of the company’s stock after selling 335 shares during the period. United Asset Strategies Inc.’s holdings in ARK 21Shares Bitcoin ETF were worth $327,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Sanctuary Wealth Management L.L.C. lifted its stake in ARK 21Shares Bitcoin ETF by 43,300.0% in the third quarter. Sanctuary Wealth Management L.L.C. now owns 434 shares of the company’s stock valued at $28,000 after buying an additional 433 shares in the last quarter. Hollencrest Capital Management bought a new stake in ARK 21Shares Bitcoin ETF in the 3rd quarter valued at $102,000. Geneos Wealth Management Inc. acquired a new position in ARK 21Shares Bitcoin ETF in the 4th quarter worth $222,000. Blue Trust Inc. increased its holdings in ARK 21Shares Bitcoin ETF by 96.3% during the 3rd quarter. Blue Trust Inc. now owns 2,730 shares of the company’s stock worth $164,000 after purchasing an additional 1,339 shares in the last quarter. Finally, RFG Advisory LLC acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the 4th quarter valued at about $303,000.

ARK 21Shares Bitcoin ETF Stock Up 5.1 %

ARKB stock opened at $101.26 on Tuesday. The stock’s fifty day moving average price is $98.06 and its 200-day moving average price is $76.32.

About ARK 21Shares Bitcoin ETF

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.