SG Americas Securities LLC Has $6.37 Million Position in ARK Innovation ETF (NYSEARCA:ARKK)

SG Americas Securities LLC grew its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,267 shares of the company’s stock after purchasing an additional 5,191 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of ARK Innovation ETF worth $6,373,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in shares of ARK Innovation ETF by 5,773.2% during the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after acquiring an additional 1,562,287 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in ARK Innovation ETF by 120.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock worth $62,177,000 after purchasing an additional 774,315 shares during the last quarter. Total Investment Management Inc. lifted its position in shares of ARK Innovation ETF by 16.9% in the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after purchasing an additional 193,251 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of ARK Innovation ETF in the 3rd quarter valued at $6,545,000. Finally, Claro Advisors LLC increased its position in shares of ARK Innovation ETF by 1,588.1% during the third quarter. Claro Advisors LLC now owns 123,266 shares of the company’s stock worth $5,859,000 after buying an additional 115,964 shares during the period.

ARK Innovation ETF Price Performance

Shares of NYSEARCA ARKK opened at $62.33 on Friday. The firm has a fifty day simple moving average of $58.95 and a 200 day simple moving average of $50.64. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.61.

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.