SteelPeak Wealth LLC Has $876,000 Stock Holdings in ARK Innovation ETF $ARKK

SteelPeak Wealth LLC raised its stake in ARK Innovation ETF (BATS:ARKK) by 121.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,967 shares of the company’s stock after buying an additional 7,108 shares during the quarter. SteelPeak Wealth LLC’s holdings in ARK Innovation ETF were worth $876,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. State of Wisconsin Investment Board grew its holdings in shares of ARK Innovation ETF by 95.8% in the 4th quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock valued at $215,710,000 after buying an additional 1,372,438 shares during the period. Orion Porfolio Solutions LLC increased its holdings in shares of ARK Innovation ETF by 8,291.5% in the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock worth $113,120,000 after acquiring an additional 1,590,149 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of ARK Innovation ETF by 634.7% in the third quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock worth $76,386,000 after acquiring an additional 764,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of ARK Innovation ETF by 620.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 650,621 shares of the company’s stock worth $50,046,000 after purchasing an additional 560,286 shares during the period. Finally, Ascension Capital Advisors Inc. raised its position in shares of ARK Innovation ETF by 0.9% during the fourth quarter. Ascension Capital Advisors Inc. now owns 372,983 shares of the company’s stock worth $28,690,000 after purchasing an additional 3,258 shares during the period.

ARK Innovation ETF Price Performance

BATS:ARKK opened at $75.20 on Friday. The business’s 50-day simple moving average is $78.31 and its 200-day simple moving average is $75.87. ARK Innovation ETF has a fifty-two week low of $62.94 and a fifty-two week high of $92.65. The stock has a market capitalization of $7.12 billion, a PE ratio of 50.14 and a beta of 1.92.

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.