Global Trust Asset Management LLC Buys 550 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Global Trust Asset Management LLC boosted its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 550.0% in the 3rd quarter, Holdings Channel reports. The firm owned 650 shares of the company’s stock after acquiring an additional 550 shares during the quarter. Global Trust Asset Management LLC’s holdings in ARK Innovation ETF were worth $31,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of ARK Innovation ETF in the 2nd quarter valued at about $26,000. Westside Investment Management Inc. raised its holdings in shares of ARK Innovation ETF by 107.1% in the 1st quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock valued at $29,000 after acquiring an additional 300 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of ARK Innovation ETF in the 2nd quarter valued at about $32,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ARK Innovation ETF in the 2nd quarter valued at about $34,000. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of ARK Innovation ETF in the 2nd quarter valued at about $37,000.

ARK Innovation ETF Stock Up 0.6 %

NYSEARCA:ARKK opened at $47.67 on Friday. The business’s 50-day moving average price is $45.84 and its two-hundred day moving average price is $44.93. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52.

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 managed by ARK.