St. Louis Trust Co Acquires 8,615 Shares of ARK Innovation ETF $ARKK

St. Louis Trust Co bought a new position in shares of ARK Innovation ETF (BATS:ARKK) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,615 shares of the company’s stock, valued at approximately $768,000.

A number of other institutional investors also recently bought and sold shares of the company. Legacy Solutions LLC raised its stake in shares of ARK Innovation ETF by 4.0% during the 2nd quarter. Legacy Solutions LLC now owns 3,552 shares of the company’s stock worth $287,000 after buying an additional 137 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of ARK Innovation ETF by 2.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,013 shares of the company’s stock worth $405,000 after buying an additional 139 shares in the last quarter. Worthington Financial Partners LLC grew its stake in ARK Innovation ETF by 1.0% in the 3rd quarter. Worthington Financial Partners LLC now owns 14,065 shares of the company’s stock valued at $1,253,000 after acquiring an additional 141 shares during the last quarter. Bleakley Financial Group LLC grew its stake in ARK Innovation ETF by 0.5% in the 1st quarter. Bleakley Financial Group LLC now owns 30,838 shares of the company’s stock valued at $2,084,000 after acquiring an additional 146 shares during the last quarter. Finally, Straight Path Wealth Management grew its stake in ARK Innovation ETF by 2.0% in the 2nd quarter. Straight Path Wealth Management now owns 10,186 shares of the company’s stock valued at $823,000 after acquiring an additional 201 shares during the last quarter.

ARK Innovation ETF Stock Performance

BATS:ARKK opened at $75.46 on Monday. The firm has a 50-day moving average price of $85.46 and a two-hundred day moving average price of $78.28. ARK Innovation ETF has a twelve month low of $62.94 and a twelve month high of $94.82. The company has a market capitalization of $5.83 billion, a P/E ratio of 45.30 and a beta of 2.01.

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 issued by ARK.