ARK Innovation ETF (NYSEARCA:ARKK) Stock Position Raised by Saxon Interests Inc.

Saxon Interests Inc. lifted its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 8.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,101 shares of the company’s stock after buying an additional 461 shares during the period. Saxon Interests Inc.’s holdings in ARK Innovation ETF were worth $268,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Mcdonald Partners LLC boosted its position in shares of ARK Innovation ETF by 1.9% in the second quarter. Mcdonald Partners LLC now owns 12,038 shares of the company’s stock worth $529,000 after buying an additional 225 shares during the period. Fountainhead AM LLC boosted its position in shares of ARK Innovation ETF by 5.0% in the first quarter. Fountainhead AM LLC now owns 4,923 shares of the company’s stock worth $247,000 after buying an additional 233 shares during the period. Sound Income Strategies LLC boosted its position in shares of ARK Innovation ETF by 6.4% in the second quarter. Sound Income Strategies LLC now owns 4,037 shares of the company’s stock worth $177,000 after buying an additional 243 shares during the period. TCP Asset Management LLC boosted its position in shares of ARK Innovation ETF by 5.5% in the first quarter. TCP Asset Management LLC now owns 4,799 shares of the company’s stock worth $240,000 after buying an additional 249 shares during the period. Finally, Santori & Peters Inc. boosted its position in shares of ARK Innovation ETF by 5.2% in the first quarter. Santori & Peters Inc. now owns 5,180 shares of the company’s stock worth $259,000 after buying an additional 258 shares during the period.

ARK Innovation ETF Stock Performance

Shares of ARK Innovation ETF stock traded up $0.17 during midday trading on Friday, hitting $44.09. The company’s stock had a trading volume of 4,383,486 shares, compared to its average volume of 11,679,862. The stock has a 50-day simple moving average of $44.41 and a 200-day simple moving average of $46.06. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52.

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 managed by ARK.