ARK Israel Innovative Technology ETF (BATS:IZRL) Shares Pass Above 200-Day Moving Average – Here’s Why

ARK Israel Innovative Technology ETF (BATS:IZRL) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $19.91 and traded as high as $22.07. ARK Israel Innovative Technology ETF shares last traded at $22.06, with a volume of 24,118 shares changing hands.

ARK Israel Innovative Technology ETF Stock Down 1.7 %

The business has a 50-day simple moving average of $20.14 and a 200-day simple moving average of $19.94. The company has a market cap of $110.57 million, a PE ratio of 18.86 and a beta of 1.16.

Hedge Funds Weigh In On ARK Israel Innovative Technology ETF

An institutional investor recently bought a new position in ARK Israel Innovative Technology ETF stock. Fortitude Family Office LLC purchased a new position in shares of ARK Israel Innovative Technology ETF (BATS:IZRL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,381 shares of the company’s stock, valued at approximately $146,000. Fortitude Family Office LLC owned 0.14% of ARK Israel Innovative Technology ETF as of its most recent SEC filing.

ARK Israel Innovative Technology ETF Company Profile

The ARK Israel Innovative Technology ETF (IZRL) is an exchange-traded fund that is based on the ARK Israeli Innovation (USD)(TR) index. The fund tracks an equally weighted index of Israeli companies causing advancements in the areas of genomics, health care, biotechnology, industrials, manufacturing, and IT.