2,908 Shares in ARK Innovation ETF $ARKK Acquired by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC purchased a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,908 shares of the company’s stock, valued at approximately $204,000.

A number of other large investors have also bought and sold shares of ARKK. JPMorgan Chase & Co. lifted its holdings in ARK Innovation ETF by 57.6% during the 1st quarter. JPMorgan Chase & Co. now owns 3,890,615 shares of the company’s stock worth $185,115,000 after buying an additional 1,422,495 shares in the last quarter. Ascension Capital Advisors Inc. lifted its holdings in ARK Innovation ETF by 0.3% during the 1st quarter. Ascension Capital Advisors Inc. now owns 375,005 shares of the company’s stock worth $17,843,000 after buying an additional 1,047 shares in the last quarter. Venture Visionary Partners LLC lifted its holdings in ARK Innovation ETF by 2.6% during the 2nd quarter. Venture Visionary Partners LLC now owns 284,547 shares of the company’s stock worth $20,001,000 after buying an additional 7,145 shares in the last quarter. Ardmore Road Asset Management LP acquired a new position in ARK Innovation ETF during the 1st quarter worth $12,847,000. Finally, Caption Management LLC acquired a new position in ARK Innovation ETF during the 1st quarter worth $7,713,000.

ARK Innovation ETF Stock Performance

NYSEARCA:ARKK opened at $85.68 on Friday. The stock’s fifty day moving average price is $83.23 and its two-hundred day moving average price is $70.61. ARK Innovation ETF has a 52-week low of $38.57 and a 52-week high of $92.65. The company has a market cap of $8.23 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96.

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.