Osbon Capital Management LLC Acquires Shares of 16,765 ARK Innovation ETF $ARKK

Osbon Capital Management LLC bought a new position in shares of ARK Innovation ETF (BATS:ARKK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,765 shares of the company’s stock, valued at approximately $1,290,000. ARK Innovation ETF comprises approximately 1.2% of Osbon Capital Management LLC’s portfolio, making the stock its 17th biggest position.

Other large investors have also made changes to their positions in the company. Orion Porfolio Solutions LLC increased its position in ARK Innovation ETF by 8,291.5% in the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock worth $113,120,000 after purchasing an additional 1,590,149 shares during the period. State of Wisconsin Investment Board lifted its position in ARK Innovation ETF by 95.8% during the 4th quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock valued at $215,710,000 after purchasing an additional 1,372,438 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of ARK Innovation ETF by 51.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,886,920 shares of the company’s stock valued at $335,441,000 after purchasing an additional 1,320,420 shares during the last quarter. BW Gestao de Investimentos Ltda. boosted its stake in shares of ARK Innovation ETF by 108.8% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 87,577 shares of the company’s stock valued at $6,736,000 after purchasing an additional 1,087,577 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in shares of ARK Innovation ETF by 634.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock worth $76,386,000 after buying an additional 764,653 shares during the period.

ARK Innovation ETF Price Performance

ARKK opened at $80.19 on Friday. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92. The firm has a 50 day simple moving average of $77.00 and a 200 day simple moving average of $76.02. ARK Innovation ETF has a fifty-two week low of $62.94 and a fifty-two week high of $92.65.

About ARK Innovation ETF

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 issued by ARK.