Southland Equity Partners LLC Invests $874,000 in ARK Innovation ETF $ARKK

Southland Equity Partners LLC acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the third quarter, Holdings Channel reports. The firm acquired 10,132 shares of the company’s stock, valued at approximately $874,000.

Several other large investors have also made changes to their positions in the company. SVB Wealth LLC acquired a new stake in shares of ARK Innovation ETF during the 1st quarter worth about $28,000. Oliver Lagore Vanvalin Investment Group acquired a new position in ARK Innovation ETF in the second quarter valued at about $28,000. SJS Investment Consulting Inc. grew its stake in ARK Innovation ETF by 4,410.0% during the second quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock worth $32,000 after buying an additional 441 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in shares of ARK Innovation ETF by 1,635.7% during the second quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after buying an additional 458 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. increased its holdings in shares of ARK Innovation ETF by 51,200.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock worth $36,000 after buying an additional 512 shares in the last quarter.

ARK Innovation ETF Price Performance

Shares of ARKK opened at $80.51 on Wednesday. The company has a market capitalization of $7.73 billion, a P/E ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a one year low of $38.57 and a one year high of $92.65. The business’s 50 day simple moving average is $81.91 and its 200-day simple moving average is $78.08.

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.