Quantitative Advantage LLC acquired a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 3,003 shares of the company’s stock, valued at approximately $360,000.
A number of other large investors have also recently added to or reduced their stakes in the stock. Core Wealth Advisors Inc. acquired a new stake in ARK Innovation ETF during the fourth quarter worth approximately $25,000. RMR Wealth Builders bought a new stake in shares of ARK Innovation ETF in the 4th quarter valued at about $25,000. Powell Investment Advisors LLC bought a new position in shares of ARK Innovation ETF in the 1st quarter worth about $25,000. Westside Investment Management Inc. acquired a new stake in shares of ARK Innovation ETF during the 1st quarter worth approximately $26,000. Finally, Sage Private Wealth Group LLC acquired a new position in shares of ARK Innovation ETF during the fourth quarter worth approximately $28,000.
Shares of ARK Innovation ETF stock traded up $0.43 on Friday, reaching $115.40. 323,513 shares of the company traded hands, compared to its average volume of 11,733,596. The business has a 50 day moving average of $114.94. ARK Innovation ETF has a 52 week low of $60.61 and a 52 week high of $159.70.
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