Milestones Private Investment Advisors LLC Buys Shares of 28,950 ARK Innovation ETF $ARKK

Milestones Private Investment Advisors LLC bought a new position in ARK Innovation ETF (NYSEARCA:ARKK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 28,950 shares of the company’s stock, valued at approximately $2,035,000. ARK Innovation ETF comprises about 1.5% of Milestones Private Investment Advisors LLC’s holdings, making the stock its 23rd biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. SVB Wealth LLC purchased a new stake in ARK Innovation ETF in the first quarter worth approximately $28,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of ARK Innovation ETF during the 2nd quarter valued at $28,000. SJS Investment Consulting Inc. boosted its stake in shares of ARK Innovation ETF by 4,410.0% in the 2nd quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock worth $32,000 after buying an additional 441 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its holdings in shares of ARK Innovation ETF by 1,635.7% in the second quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after acquiring an additional 458 shares during the period. Finally, DHJJ Financial Advisors Ltd. increased its position in ARK Innovation ETF by 51,200.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock valued at $36,000 after acquiring an additional 512 shares during the last quarter.

ARK Innovation ETF Stock Performance

ARKK stock opened at $80.39 on Monday. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96. The business’s 50-day moving average is $83.27 and its two-hundred day moving average is $76.99. ARK Innovation ETF has a fifty-two week low of $38.57 and a fifty-two week high of $92.65.

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.