ARK Investment Management LLC Purchases New Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

ARK Investment Management LLC acquired a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 21,620 shares of the company’s stock, valued at approximately $1,028,000.

Other large investors also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of ARK Innovation ETF in the second quarter worth approximately $26,000. Global Trust Asset Management LLC lifted its position in ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after buying an additional 550 shares in the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of ARK Innovation ETF during the 2nd quarter valued at $32,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ARK Innovation ETF during the 2nd quarter valued at $34,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of ARK Innovation ETF in the second quarter worth $37,000.

ARK Innovation ETF Trading Up 2.6 %

Shares of NYSEARCA:ARKK opened at $54.08 on Friday. The business has a fifty day simple moving average of $46.66 and a 200 day simple moving average of $45.22. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $54.52.

ARK Innovation ETF Profile

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.