Joel Isaacson & Co. LLC Takes Position in ARK Innovation ETF $ARKK

Joel Isaacson & Co. LLC bought a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 3,370 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of ARK Innovation ETF by 57.6% during the 1st quarter. JPMorgan Chase & Co. now owns 3,890,615 shares of the company’s stock valued at $185,115,000 after acquiring an additional 1,422,495 shares in the last quarter. Ascension Capital Advisors Inc. boosted its position in shares of ARK Innovation ETF by 0.3% during the 1st quarter. Ascension Capital Advisors Inc. now owns 375,005 shares of the company’s stock valued at $17,843,000 after acquiring an additional 1,047 shares in the last quarter. Mission Wealth Management LP acquired a new stake in shares of ARK Innovation ETF during the 1st quarter valued at about $15,064,000. Venture Visionary Partners LLC boosted its position in shares of ARK Innovation ETF by 2.6% during the 2nd quarter. Venture Visionary Partners LLC now owns 284,547 shares of the company’s stock valued at $20,001,000 after acquiring an additional 7,145 shares in the last quarter. Finally, Ardmore Road Asset Management LP acquired a new stake in shares of ARK Innovation ETF during the 1st quarter valued at about $12,847,000.

ARK Innovation ETF Stock Performance

Shares of ARK Innovation ETF stock opened at $92.53 on Thursday. The firm’s 50-day simple moving average is $78.99 and its 200-day simple moving average is $65.90. ARK Innovation ETF has a twelve month low of $38.57 and a twelve month high of $92.65. The firm has a market cap of $8.91 billion, a P/E ratio of 50.14 and a beta of 1.64.

ARK Innovation ETF 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.