Group One Trading LLC bought a new stake in ARK Innovation ETF (BATS:ARKK – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,956 shares of the company’s stock, valued at approximately $876,000.
A number of other large investors have also recently bought and sold shares of the stock. D.A. Davidson & CO. raised its holdings in shares of ARK Innovation ETF by 1.2% in the fourth quarter. D.A. Davidson & CO. now owns 11,315 shares of the company’s stock worth $870,000 after acquiring an additional 133 shares during the last quarter. Bleakley Financial Group LLC lifted its position in shares of ARK Innovation ETF by 0.5% in the first quarter. Bleakley Financial Group LLC now owns 30,838 shares of the company’s stock valued at $2,084,000 after acquiring an additional 146 shares in the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of ARK Innovation ETF by 5.2% during the fourth quarter. Transcend Capital Advisors LLC now owns 3,031 shares of the company’s stock valued at $233,000 after acquiring an additional 150 shares during the last quarter. Integral Investment Advisors Inc. boosted its stake in shares of ARK Innovation ETF by 0.7% during the first quarter. Integral Investment Advisors Inc. now owns 21,887 shares of the company’s stock valued at $1,479,000 after acquiring an additional 150 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. increased its position in ARK Innovation ETF by 5.4% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,931 shares of the company’s stock worth $225,000 after purchasing an additional 150 shares in the last quarter.
ARK Innovation ETF Trading Down 2.1%
ARK Innovation ETF stock opened at $76.03 on Thursday. The stock has a 50-day moving average price of $78.16 and a 200 day moving average price of $75.81. ARK Innovation ETF has a 52 week low of $62.94 and a 52 week high of $92.65. The stock has a market cap of $7.20 billion, a PE 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.
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