Sigma Planning Corp purchased a new stake in ARK Innovation ETF (BATS:ARKK – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 14,447 shares of the company’s stock, valued at approximately $1,287,000.
Other large investors also recently added to or reduced their stakes in the company. IRON Financial LLC acquired a new position in shares of ARK Innovation ETF during the 3rd quarter worth about $202,000. Straight Path Wealth Management lifted its position in ARK Innovation ETF by 7.3% in the 3rd quarter. Straight Path Wealth Management now owns 10,932 shares of the company’s stock valued at $974,000 after acquiring an additional 746 shares in the last quarter. Total Wealth Planning & Management Inc. acquired a new position in shares of ARK Innovation ETF during the third quarter worth about $206,000. Richardson Capital Management LLC grew its stake in shares of ARK Innovation ETF by 11.8% during the 3rd quarter. Richardson Capital Management LLC now owns 6,716 shares of the company’s stock worth $598,000 after acquiring an additional 709 shares in the last quarter. Finally, Valen Private Capital LLC acquired a new stake in ARK Innovation ETF in the 3rd quarter valued at $2,169,000.
ARK Innovation ETF Stock Performance
BATS:ARKK opened at $85.97 on Friday. The stock’s 50-day simple moving average is $86.34 and its 200 day simple moving average is $78.40. The company has a market cap of $8.14 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 $94.82.
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 issued by ARK.
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