Apella Capital LLC Has $1.59 Million Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Apella Capital LLC lowered its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,697 shares of the company’s stock after selling 1,202 shares during the quarter. Apella Capital LLC’s holdings in ARK Innovation ETF were worth $1,592,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ARKK. Bellwether Advisors LLC acquired a new position in shares of ARK Innovation ETF in the 4th quarter valued at approximately $29,000. Murphy & Mullick Capital Management Corp bought a new stake in ARK Innovation ETF in the 4th quarter valued at $38,000. GoalVest Advisory LLC boosted its stake in ARK Innovation ETF by 48.4% in the 1st quarter. GoalVest Advisory LLC now owns 920 shares of the company’s stock worth $44,000 after purchasing an additional 300 shares during the period. Park Square Financial Group LLC bought a new position in ARK Innovation ETF during the 4th quarter worth about $59,000. Finally, Graney & King LLC bought a new position in ARK Innovation ETF during the 4th quarter worth about $61,000.

ARK Innovation ETF Stock Performance

Shares of ARK Innovation ETF stock opened at $57.98 on Thursday. The firm has a market cap of $5.68 billion, a PE ratio of 36.42 and a beta of 1.92. The business’s 50 day simple moving average is $50.80 and its 200 day simple moving average is $55.60. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $68.43.

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.