NavPoint Financial Inc. Takes $497,000 Position in ARK Innovation ETF (NYSEARCA:ARKK)

NavPoint Financial Inc. acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,487 shares of the company’s stock, valued at approximately $497,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Clear Creek Financial Management LLC raised its position in shares of ARK Innovation ETF by 1.7% during the fourth quarter. Clear Creek Financial Management LLC now owns 14,042 shares of the company’s stock valued at $735,000 after buying an additional 229 shares during the last quarter. Signaturefd LLC raised its position in shares of ARK Innovation ETF by 3.5% during the third quarter. Signaturefd LLC now owns 7,496 shares of the company’s stock valued at $297,000 after buying an additional 255 shares during the last quarter. Concord Wealth Partners raised its position in shares of ARK Innovation ETF by 31.8% during the fourth quarter. Concord Wealth Partners now owns 1,213 shares of the company’s stock valued at $64,000 after buying an additional 293 shares during the last quarter. Diligent Investors LLC increased its position in ARK Innovation ETF by 3.5% in the fourth quarter. Diligent Investors LLC now owns 9,052 shares of the company’s stock worth $474,000 after purchasing an additional 305 shares during the last quarter. Finally, Lindbrook Capital LLC increased its position in ARK Innovation ETF by 77.5% in the third quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the last quarter.

ARK Innovation ETF Trading Up 1.2 %

ARKK traded up $0.54 during trading hours on Friday, hitting $45.47. The company’s stock had a trading volume of 12,656,484 shares, compared to its average volume of 14,186,380. The business’s 50-day moving average price is $47.80 and its 200-day moving average price is $46.53. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52.

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.