Patriot Financial Group Insurance Agency LLC raised its holdings in ARK Innovation ETF (BATS:ARKK – Free Report) by 99.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 44,018 shares of the company’s stock after buying an additional 21,917 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in ARK Innovation ETF were worth $2,975,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Lam Group Inc. purchased a new stake in ARK Innovation ETF in the first quarter worth $380,000. Merkkuri Wealth Advisors LLC purchased a new stake in shares of ARK Innovation ETF during the first quarter valued at $75,000. Decker Retirement Planning Inc. boosted its stake in shares of ARK Innovation ETF by 38,300.0% during the first quarter. Decker Retirement Planning Inc. now owns 384 shares of the company’s stock valued at $26,000 after purchasing an additional 383 shares during the period. Apella Capital LLC grew its holdings in shares of ARK Innovation ETF by 0.6% in the first quarter. Apella Capital LLC now owns 28,435 shares of the company’s stock worth $1,922,000 after purchasing an additional 183 shares during the last quarter. Finally, Krilogy Financial LLC grew its holdings in shares of ARK Innovation ETF by 7.2% in the first quarter. Krilogy Financial LLC now owns 4,128 shares of the company’s stock worth $279,000 after purchasing an additional 276 shares during the last quarter.
ARK Innovation ETF Price Performance
ARKK stock opened at $78.13 on Monday. The company has a market capitalization of $7.40 billion, a PE ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 12 month low of $62.94 and a 12 month high of $92.65. The firm’s 50-day moving average is $77.48 and its 200 day moving average is $75.89.
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 issued by ARK.
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Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (BATS:ARKK – Free Report).
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