Worthington Financial Partners LLC Takes Position in ARK Innovation ETF $ARKK

Worthington Financial Partners LLC bought a new position in shares of ARK Innovation ETF (BATS:ARKK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,728 shares of the company’s stock, valued at approximately $1,210,000. ARK Innovation ETF comprises approximately 1.1% of Worthington Financial Partners LLC’s holdings, making the stock its 29th biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in ARK Innovation ETF by 51.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,886,920 shares of the company’s stock valued at $335,441,000 after buying an additional 1,320,420 shares during the last quarter. State of Wisconsin Investment Board lifted its position in ARK Innovation ETF by 95.8% during the fourth quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock worth $215,710,000 after acquiring an additional 1,372,438 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of ARK Innovation ETF by 8,291.5% during the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock worth $113,120,000 after acquiring an additional 1,590,149 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of ARK Innovation ETF by 634.7% during the third quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock worth $76,386,000 after acquiring an additional 764,653 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of ARK Innovation ETF by 620.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 650,621 shares of the company’s stock worth $50,046,000 after acquiring an additional 560,286 shares during the period.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $80.19 on Friday. ARK Innovation ETF has a 12 month low of $62.94 and a 12 month high of $92.65. The stock’s 50 day moving average is $77.00 and its 200-day moving average is $76.02. The company has a market capitalization of $7.59 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92.

ARK Innovation ETF 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 issued by ARK.