KFA Private Wealth Group LLC purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,930 shares of the company’s stock, valued at approximately $258,000.
Several other institutional investors have also recently added to or reduced their stakes in ARKK. Lindbrook Capital LLC lifted its holdings in ARK Innovation ETF by 77.5% in the 3rd quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock valued at $28,000 after acquiring an additional 310 shares during the last quarter. Oliver Lagore Vanvalin Investment Group lifted its holdings in ARK Innovation ETF by 103.3% in the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 738 shares of the company’s stock valued at $29,000 after acquiring an additional 375 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in ARK Innovation ETF in the 3rd quarter valued at about $31,000. Annapolis Financial Services LLC lifted its holdings in ARK Innovation ETF by 395.9% in the 3rd quarter. Annapolis Financial Services LLC now owns 838 shares of the company’s stock valued at $33,000 after acquiring an additional 669 shares during the last quarter. Finally, Headinvest LLC acquired a new stake in ARK Innovation ETF in the 3rd quarter valued at about $37,000.
ARK Innovation ETF Price Performance
ARKK stock traded up $0.46 during mid-day trading on Friday, reaching $44.07. 8,953,196 shares of the stock traded hands, compared to its average volume of 14,267,461. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The stock’s fifty day moving average is $48.15 and its 200-day moving average is $46.39.
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.
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