PVG Asset Management Corp Buys New Position in ARK Autonomous Technology & Robotics ETF $ARKQ

PVG Asset Management Corp purchased a new position in shares of ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,612 shares of the company’s stock, valued at approximately $500,000. ARK Autonomous Technology & Robotics ETF comprises about 1.7% of PVG Asset Management Corp’s portfolio, making the stock its 18th biggest position.

Several other hedge funds have also bought and sold shares of ARKQ. FWL Investment Management LLC purchased a new stake in ARK Autonomous Technology & Robotics ETF in the second quarter worth about $61,000. Heritage Wealth Management Inc. bought a new position in shares of ARK Autonomous Technology & Robotics ETF during the 2nd quarter valued at approximately $242,000. Western Wealth Management LLC purchased a new stake in ARK Autonomous Technology & Robotics ETF in the 2nd quarter worth approximately $254,000. NewEdge Advisors LLC increased its holdings in ARK Autonomous Technology & Robotics ETF by 69.0% in the 1st quarter. NewEdge Advisors LLC now owns 4,836 shares of the company’s stock worth $320,000 after acquiring an additional 1,974 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC bought a new stake in ARK Autonomous Technology & Robotics ETF during the 2nd quarter worth approximately $357,000.

ARK Autonomous Technology & Robotics ETF Price Performance

Shares of BATS:ARKQ opened at $114.47 on Monday. The company has a market capitalization of $1.40 billion, a P/E ratio of 32.86 and a beta of 1.40. ARK Autonomous Technology & Robotics ETF has a 1-year low of $48.25 and a 1-year high of $100.79. The firm’s 50 day simple moving average is $115.04 and its two-hundred day simple moving average is $102.24.

About ARK Autonomous Technology & Robotics ETF

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.