Blair William & Co. IL Has $5.45 Million Position in ARK Innovation ETF (NYSEARCA:ARKK)

Blair William & Co. IL boosted its position in ARK Innovation ETF (NYSEARCA:ARKK) by 111.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,908 shares of the company’s stock after buying an additional 50,639 shares during the quarter. Blair William & Co. IL owned approximately 0.06% of ARK Innovation ETF worth $5,445,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in ARK Innovation ETF during the 4th quarter worth about $54,586,000. Strategic Financial Concepts LLC bought a new stake in ARK Innovation ETF during the fourth quarter worth about $514,000. Ascension Capital Advisors Inc. boosted its position in ARK Innovation ETF by 5.0% during the fourth quarter. Ascension Capital Advisors Inc. now owns 373,958 shares of the company’s stock valued at $21,230,000 after purchasing an additional 17,764 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in ARK Innovation ETF in the third quarter valued at approximately $6,545,000. Finally, One Charles Private Wealth Services LLC increased its position in shares of ARK Innovation ETF by 6.1% during the 4th quarter. One Charles Private Wealth Services LLC now owns 122,800 shares of the company’s stock worth $6,971,000 after purchasing an additional 7,010 shares during the last quarter.

ARK Innovation ETF Trading Down 4.1 %

NYSEARCA ARKK opened at $48.70 on Monday. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $68.43. The stock has a 50 day moving average of $57.48 and a 200-day moving average of $54.84. The company has a market cap of $5.34 billion, a PE ratio of 41.12 and a beta of 1.89.

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.