Transcend Capital Advisors LLC purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,564 shares of the company’s stock, valued at approximately $202,000.
Several other institutional investors and hedge funds also recently made changes to their positions in ARKK. Strategic Financial Concepts LLC acquired a new stake in ARK Innovation ETF in the 4th quarter valued at approximately $514,000. Total Investment Management Inc. grew its stake in shares of ARK Innovation ETF by 16.9% during the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after acquiring an additional 193,251 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of ARK Innovation ETF during the 3rd quarter worth approximately $6,545,000. Ascension Capital Advisors Inc. raised its holdings in shares of ARK Innovation ETF by 32.0% in the third quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after purchasing an additional 86,382 shares during the last quarter. Finally, SteelPeak Wealth LLC bought a new stake in shares of ARK Innovation ETF in the fourth quarter worth $3,512,000.
ARK Innovation ETF Stock Performance
Shares of ARKK opened at $59.08 on Tuesday. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $68.43. The firm has a fifty day simple moving average of $61.04 and a 200 day simple moving average of $53.39.
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.
Featured Stories
- Five stocks we like better than ARK Innovation ETF
- How to Profit From Value Investing
- Finding Hidden Gems: Unconventional Penny Stock Investing
- The Risks of Owning Bonds
- Price Targets on NVIDIA Rise in Front of Earnings
- What is Forex and How Does it Work?
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
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 (NYSEARCA: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.
