SteelPeak Wealth LLC Increases Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

SteelPeak Wealth LLC boosted its stake in shares of ARK Innovation ETF (NYSEARCA:ARKKFree Report) by 64.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,931 shares of the company’s stock after buying an additional 3,115 shares during the quarter. SteelPeak Wealth LLC’s holdings in ARK Innovation ETF were worth $349,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC boosted its stake in ARK Innovation ETF by 7.6% during the fourth quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock worth $628,000 after buying an additional 846 shares during the period. Cary Street Partners Investment Advisory LLC boosted its stake in ARK Innovation ETF by 246.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 25,781 shares of the company’s stock worth $1,350,000 after buying an additional 18,340 shares during the period. Banco Santander S.A. boosted its stake in ARK Innovation ETF by 8.5% during the first quarter. Banco Santander S.A. now owns 16,516 shares of the company’s stock worth $827,000 after buying an additional 1,290 shares during the period. Leo Wealth LLC acquired a new stake in shares of ARK Innovation ETF during the fourth quarter worth about $207,000. Finally, SageView Advisory Group LLC lifted its position in shares of ARK Innovation ETF by 6.3% during the fourth quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock worth $567,000 after purchasing an additional 642 shares in the last quarter.

ARK Innovation ETF Stock Up 0.2 %

Shares of ARKK traded up $0.07 during mid-day trading on Friday, hitting $43.99. 307,362 shares of the company’s stock were exchanged, compared to its average volume of 11,654,101. ARK Innovation ETF has a fifty-two week low of $33.76 and a fifty-two week high of $54.52. The stock’s 50-day moving average is $44.41 and its 200-day moving average is $46.09.

ARK Innovation ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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