ARK Innovation ETF (NYSEARCA:ARKK) Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC lifted its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK – Get Rating) by 481.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,769 shares of the company’s stock after acquiring an additional 2,293 shares during the period. Sound Income Strategies LLC’s holdings in ARK Innovation ETF were worth $87,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ARKK. Jane Street Group LLC boosted its stake in shares of ARK Innovation ETF by 123.4% during the second quarter. Jane Street Group LLC now owns 1,092,006 shares of the company’s stock valued at $43,549,000 after acquiring an additional 5,749,369 shares during the last quarter. Weiss Multi Strategy Advisers LLC boosted its stake in shares of ARK Innovation ETF by 1,228.3% during the first quarter. Weiss Multi Strategy Advisers LLC now owns 568,521 shares of the company’s stock valued at $37,687,000 after acquiring an additional 525,721 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of ARK Innovation ETF by 13.1% during the second quarter. JPMorgan Chase & Co. now owns 2,810,550 shares of the company’s stock valued at $112,085,000 after acquiring an additional 326,496 shares during the last quarter. Weiss Asset Management LP boosted its stake in shares of ARK Innovation ETF by 215.8% during the third quarter. Weiss Asset Management LP now owns 414,263 shares of the company’s stock valued at $15,630,000 after acquiring an additional 283,094 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. boosted its stake in shares of ARK Innovation ETF by 109.3% during the third quarter. Beacon Investment Advisory Services Inc. now owns 441,429 shares of the company’s stock valued at $16,655,000 after acquiring an additional 230,517 shares during the last quarter.

ARK Innovation ETF Stock Down 1.4 %

ARKK opened at $38.68 on Friday. ARK Innovation ETF has a 52 week low of $29.43 and a 52 week high of $72.00. The business’s fifty day simple moving average is $38.89 and its 200 day simple moving average is $37.51.

About ARK Innovation ETF

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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.