PFG Investments LLC Boosts Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

PFG Investments LLC grew its position in ARK Innovation ETF (NYSEARCA:ARKK) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,354 shares of the company’s stock after purchasing an additional 952 shares during the period. PFG Investments LLC’s holdings in ARK Innovation ETF were worth $1,383,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in ARK Innovation ETF in the 2nd quarter valued at about $246,000. Hershey Financial Advisers LLC purchased a new stake in shares of ARK Innovation ETF during the second quarter valued at approximately $32,000. Truist Financial Corp lifted its holdings in ARK Innovation ETF by 3.1% during the second quarter. Truist Financial Corp now owns 172,433 shares of the company’s stock worth $7,578,000 after acquiring an additional 5,160 shares during the period. Strategic Investment Solutions Inc. IL bought a new stake in ARK Innovation ETF during the second quarter worth $34,000. Finally, Sanctuary Advisors LLC bought a new position in ARK Innovation ETF in the 2nd quarter valued at $2,115,000.

ARK Innovation ETF Trading Down 2.6 %

NYSEARCA ARKK opened at $60.70 on Tuesday. The business’s fifty day moving average is $59.13 and its 200-day moving average is $50.82. ARK Innovation ETF has a one year low of $36.85 and a one year high of $63.61.

ARK Innovation ETF 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.