ARK 21Shares Bitcoin ETF (BATS:ARKB) Stock Price Down 1.5%

ARK 21Shares Bitcoin ETF (BATS:ARKBGet Free Report) dropped 1.5% on Thursday . The company traded as low as $66.11 and last traded at $66.51. Approximately 1,853,371 shares changed hands during mid-day trading, The stock had previously closed at $67.50.

ARK 21Shares Bitcoin ETF Stock Performance

The stock’s fifty day moving average price is $65.94.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new position in ARK 21Shares Bitcoin ETF during the first quarter worth $28,000. YHB Investment Advisors Inc. acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at $30,000. Comerica Bank acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at $33,000. CENTRAL TRUST Co acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at $45,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of ARK 21Shares Bitcoin ETF in the first quarter valued at $57,000.

About ARK 21Shares Bitcoin ETF

(Get Free Report)

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.

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