Axxcess Wealth Management LLC Grows Position in ARK Innovation ETF $ARKK

Axxcess Wealth Management LLC grew its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 11.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 67,826 shares of the company’s stock after acquiring an additional 7,105 shares during the period. Axxcess Wealth Management LLC’s holdings in ARK Innovation ETF were worth $5,853,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Focus Partners Wealth boosted its holdings in ARK Innovation ETF by 74.2% during the first quarter. Focus Partners Wealth now owns 7,095 shares of the company’s stock worth $338,000 after buying an additional 3,023 shares in the last quarter. Fiduciary Family Office LLC acquired a new stake in shares of ARK Innovation ETF during the 2nd quarter valued at approximately $263,000. KPP Advisory Services LLC acquired a new stake in shares of ARK Innovation ETF during the 2nd quarter valued at approximately $234,000. Moloney Securities Asset Management LLC purchased a new stake in shares of ARK Innovation ETF during the 2nd quarter worth approximately $215,000. Finally, Blue Sky Capital Consultants Group Inc. grew its holdings in shares of ARK Innovation ETF by 9.4% in the 2nd quarter. Blue Sky Capital Consultants Group Inc. now owns 92,633 shares of the company’s stock worth $6,511,000 after acquiring an additional 7,936 shares during the period.

ARK Innovation ETF Stock Performance

Shares of ARKK stock opened at $71.39 on Thursday. The stock has a fifty day moving average price of $77.68 and a 200 day moving average price of $79.82. The stock has a market cap of $6.55 billion, a PE ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 1 year low of $38.57 and a 1 year high of $92.65.

About ARK Innovation ETF

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.