First Heartland Consultants Inc. Acquires 369 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

First Heartland Consultants Inc. grew its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 4.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,499 shares of the company’s stock after purchasing an additional 369 shares during the period. First Heartland Consultants Inc.’s holdings in ARK Innovation ETF were worth $482,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ARKK. White Knight Strategic Wealth Advisors LLC lifted its holdings in shares of ARK Innovation ETF by 65.8% in the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 40,305 shares of the company’s stock worth $2,288,000 after acquiring an additional 16,000 shares during the last quarter. Two Sigma Investments LP acquired a new position in ARK Innovation ETF during the 4th quarter worth approximately $573,000. Toronto Dominion Bank lifted its stake in ARK Innovation ETF by 10,526.8% in the 4th quarter. Toronto Dominion Bank now owns 457,697 shares of the company’s stock valued at $25,983,000 after purchasing an additional 453,390 shares during the last quarter. Snowden Capital Advisors LLC acquired a new stake in ARK Innovation ETF in the fourth quarter valued at approximately $860,000. Finally, Sig Brokerage LP acquired a new stake in ARK Innovation ETF in the fourth quarter valued at approximately $2,997,000.

ARK Innovation ETF Trading Down 3.1%

NYSEARCA:ARKK opened at $55.68 on Thursday. The stock’s 50-day moving average is $49.60 and its 200-day moving average is $55.34. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $68.43. The stock has a market cap of $5.67 billion, a P/E ratio of 32.74 and a beta of 1.94.

ARK Innovation ETF Company 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.