Sigma Planning Corp purchased a new stake in shares of ARK Innovation ETF (BATS:ARKK – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 14,447 shares of the company’s stock, valued at approximately $1,287,000.
Several other large investors also recently modified their holdings of the stock. Rose Capital Advisors LLC bought a new position in ARK Innovation ETF during the second quarter worth about $3,228,000. GoalVest Advisory LLC increased its stake in ARK Innovation ETF by 21,614.6% during the 3rd quarter. GoalVest Advisory LLC now owns 32,789 shares of the company’s stock worth $2,921,000 after acquiring an additional 32,638 shares during the period. Rinkey Investments bought a new stake in shares of ARK Innovation ETF during the 2nd quarter valued at $597,000. NewEdge Advisors LLC lifted its position in shares of ARK Innovation ETF by 37.0% during the 1st quarter. NewEdge Advisors LLC now owns 148,191 shares of the company’s stock valued at $10,016,000 after acquiring an additional 40,003 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in shares of ARK Innovation ETF by 57.1% in the second quarter. Concurrent Investment Advisors LLC now owns 22,542 shares of the company’s stock worth $1,822,000 after purchasing an additional 8,189 shares during the period.
ARK Innovation ETF Trading Down 0.2%
Shares of ARK Innovation ETF stock opened at $85.97 on Friday. ARK Innovation ETF has a 1-year low of $62.94 and a 1-year high of $94.82. The company has a 50 day moving average of $86.34 and a 200-day moving average of $78.40. The company has a market cap of $8.14 billion, a PE ratio of 50.14 and a beta of 1.92.
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 issued by ARK.
Further Reading
- Five stocks we like better than ARK Innovation ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (BATS:ARKK – Free Report).
Receive News & Ratings for ARK Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
