ARK Innovation ETF $ARKK Position Raised by GoalVest Advisory LLC

GoalVest Advisory LLC boosted its holdings in ARK Innovation ETF (BATS:ARKK) by 21,614.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 32,789 shares of the company’s stock after acquiring an additional 32,638 shares during the period. GoalVest Advisory LLC’s holdings in ARK Innovation ETF were worth $2,921,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in shares of ARK Innovation ETF by 27.1% in the second quarter. Envestnet Asset Management Inc. now owns 225,231 shares of the company’s stock worth $18,203,000 after acquiring an additional 48,003 shares during the period. Waverly Advisors LLC lifted its position in ARK Innovation ETF by 8.5% during the second quarter. Waverly Advisors LLC now owns 4,649 shares of the company’s stock valued at $376,000 after purchasing an additional 363 shares during the period. Range Advisory LLC boosted its holdings in ARK Innovation ETF by 13.0% in the second quarter. Range Advisory LLC now owns 6,539 shares of the company’s stock worth $528,000 after purchasing an additional 750 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in ARK Innovation ETF in the second quarter worth approximately $263,000. Finally, Straight Path Wealth Management grew its position in ARK Innovation ETF by 2.0% in the 2nd quarter. Straight Path Wealth Management now owns 10,186 shares of the company’s stock worth $823,000 after purchasing an additional 201 shares during the period.

ARK Innovation ETF Stock Up 1.3%

ARKK traded up $1.14 during mid-day trading on Friday, reaching $89.72. 2,790,062 shares of the company traded hands, compared to its average volume of 7,592,976. The company’s fifty day moving average price is $82.95 and its 200-day moving average price is $78.39. The stock has a market capitalization of $8.49 billion, a P/E ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 52-week low of $62.94 and a 52-week high of $92.65.

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 issued by ARK.