St. Louis Trust Co Purchases 8,615 Shares of ARK Innovation ETF $ARKK

St. Louis Trust Co purchased a new position in ARK Innovation ETF (BATS:ARKK) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,615 shares of the company’s stock, valued at approximately $768,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Markowski Investments purchased a new stake in shares of ARK Innovation ETF in the second quarter valued at $26,000. NBH Bank acquired a new stake in shares of ARK Innovation ETF during the second quarter valued at $45,000. Mather Group LLC. purchased a new stake in ARK Innovation ETF during the 3rd quarter worth about $79,000. XP Advisory US Inc. purchased a new stake in ARK Innovation ETF during the 2nd quarter worth about $81,000. Finally, Boreal Capital Management LLC purchased a new stake in ARK Innovation ETF during the 1st quarter worth about $87,000.

ARK Innovation ETF Stock Performance

Shares of ARKK stock opened at $75.46 on Monday. The firm has a 50-day moving average price of $85.46 and a 200 day moving average price of $78.28. ARK Innovation ETF has a twelve month low of $62.94 and a twelve month high of $94.82. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 45.30 and a beta of 2.01.

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 issued by ARK.