Independent Financial Group LLC acquired a new stake in ARK Innovation ETF (BATS:ARKK – Free Report) in the first quarter, Holdings Channel.com reports. The firm acquired 14,876 shares of the company’s stock, valued at approximately $1,005,000.
Other hedge funds also recently bought and sold shares of the company. Dakota Wealth Management bought a new stake in ARK Innovation ETF during the fourth quarter valued at approximately $2,001,000. NavPoint Financial Inc. increased its holdings in shares of ARK Innovation ETF by 72.6% in the 4th quarter. NavPoint Financial Inc. now owns 20,040 shares of the company’s stock worth $1,541,000 after buying an additional 8,430 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of ARK Innovation ETF during the 4th quarter valued at $562,000. CWM LLC raised its position in shares of ARK Innovation ETF by 4.1% during the 4th quarter. CWM LLC now owns 176,331 shares of the company’s stock valued at $13,563,000 after buying an additional 6,904 shares in the last quarter. Finally, BIP Wealth LLC raised its position in shares of ARK Innovation ETF by 243.7% during the 4th quarter. BIP Wealth LLC now owns 14,704 shares of the company’s stock valued at $1,131,000 after buying an additional 10,426 shares in the last quarter.
ARK Innovation ETF Stock Performance
BATS ARKK opened at $74.95 on Tuesday. ARK Innovation ETF has a 52-week low of $62.94 and a 52-week high of $92.65. The company has a fifty day moving average of $78.21 and a 200-day moving average of $75.81. The company has a market capitalization of $7.09 billion, a P/E ratio of 50.14 and a beta of 1.92.
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.
Featured Stories
- Five stocks we like better than ARK Innovation ETF
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (BATS:ARKK – Free Report).
Receive News & Ratings for ARK Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
