Marshall Investment Management LLC acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,307 shares of the company’s stock, valued at approximately $188,000.
Other hedge funds have also recently modified their holdings of the company. Richardson Capital Management LLC lifted its stake in shares of ARK Innovation ETF by 910.0% during the 4th quarter. Richardson Capital Management LLC now owns 8,090 shares of the company’s stock valued at $459,000 after buying an additional 7,289 shares in the last quarter. Variant Private Wealth LLC purchased a new position in shares of ARK Innovation ETF during the 4th quarter valued at $4,862,000. Transcend Capital Advisors LLC purchased a new position in shares of ARK Innovation ETF during the 4th quarter valued at $202,000. Concurrent Investment Advisors LLC lifted its stake in shares of ARK Innovation ETF by 8.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 12,108 shares of the company’s stock valued at $687,000 after buying an additional 919 shares in the last quarter. Finally, Advyzon Investment Management LLC purchased a new position in shares of ARK Innovation ETF during the 4th quarter valued at $568,000.
ARK Innovation ETF Trading Down 5.9 %
Shares of ARKK stock opened at $60.20 on Friday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $68.43. The company’s fifty day simple moving average is $61.04 and its two-hundred day simple moving average is $53.20.
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 managed by ARK.
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