Kathleen S. Wright Associates Inc. Makes New $116,000 Investment in ARK Innovation ETF (NYSEARCA:ARKK)

Kathleen S. Wright Associates Inc. purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,325 shares of the company’s stock, valued at approximately $116,000.

Other large investors have also modified their holdings of the company. Advisory Services Network LLC lifted its stake in ARK Innovation ETF by 7.6% during the 4th quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock worth $628,000 after acquiring an additional 846 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of ARK Innovation ETF by 246.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 25,781 shares of the company’s stock valued at $1,350,000 after buying an additional 18,340 shares during the period. Leo Wealth LLC acquired a new stake in shares of ARK Innovation ETF in the 4th quarter valued at approximately $207,000. International Assets Investment Management LLC acquired a new stake in shares of ARK Innovation ETF in the 4th quarter valued at approximately $93,781,000. Finally, SageView Advisory Group LLC increased its stake in ARK Innovation ETF by 6.3% in the 4th quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock valued at $567,000 after purchasing an additional 642 shares in the last quarter.

ARK Innovation ETF Stock Performance

NYSEARCA ARKK traded down $0.06 during mid-day trading on Friday, hitting $43.95. The stock had a trading volume of 9,033,316 shares, compared to its average volume of 12,516,010. The company has a 50 day simple moving average of $44.15 and a 200 day simple moving average of $47.26. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52.

ARK Innovation ETF Company Profile

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.