Saxon Interests Inc. Makes New Investment in ARK Innovation ETF (NYSEARCA:ARKK)

Saxon Interests Inc. acquired a new stake in ARK Innovation ETF (NYSEARCA:ARKK) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,641 shares of the company’s stock, valued at approximately $295,000.

Several other institutional investors have also recently added to or reduced their stakes in ARKK. WealthCare Investment Partners LLC grew its holdings in ARK Innovation ETF by 2.5% in the fourth quarter. WealthCare Investment Partners LLC now owns 17,286 shares of the company’s stock valued at $869,000 after purchasing an additional 424 shares during the period. ARK Investment Management LLC raised its stake in shares of ARK Innovation ETF by 155.4% in the 4th quarter. ARK Investment Management LLC now owns 28,027 shares of the company’s stock valued at $1,468,000 after purchasing an additional 17,055 shares in the last quarter. Smith Anglin Financial LLC lifted its holdings in ARK Innovation ETF by 2.1% during the 4th quarter. Smith Anglin Financial LLC now owns 69,972 shares of the company’s stock worth $3,664,000 after buying an additional 1,449 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in ARK Innovation ETF during the fourth quarter worth $376,000. Finally, Fiduciary Alliance LLC acquired a new position in shares of ARK Innovation ETF in the 4th quarter valued at about $239,000.

ARK Innovation ETF Trading Down 0.1 %

ARK Innovation ETF stock traded down $0.03 during midday trading on Thursday, reaching $50.08. 8,175,369 shares of the stock traded hands, compared to its average volume of 14,888,991. ARK Innovation ETF has a fifty-two week low of $33.76 and a fifty-two week high of $54.52. The firm has a fifty day moving average price of $48.82 and a two-hundred day moving average price of $45.57.

ARK Innovation ETF Company 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.