Scissortail Wealth Management LLC Buys New Shares in ARK Innovation ETF (NYSEARCA:ARKK)

Scissortail Wealth Management LLC bought a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,474 shares of the company’s stock, valued at approximately $311,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ARKK. Moneta Group Investment Advisors LLC grew its holdings in ARK Innovation ETF by 86,013.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,038,508 shares of the company’s stock worth $282,363,000 after purchasing an additional 9,028,012 shares during the period. Jane Street Group LLC grew its holdings in ARK Innovation ETF by 298.6% during the first quarter. Jane Street Group LLC now owns 6,163,775 shares of the company’s stock worth $248,647,000 after purchasing an additional 4,617,445 shares during the period. Granite Bay Wealth Management LLC grew its holdings in ARK Innovation ETF by 4,892.8% during the third quarter. Granite Bay Wealth Management LLC now owns 2,498,569 shares of the company’s stock worth $99,118,000 after purchasing an additional 2,448,526 shares during the period. Two Sigma Investments LP grew its holdings in ARK Innovation ETF by 602.0% during the first quarter. Two Sigma Investments LP now owns 2,252,120 shares of the company’s stock worth $90,851,000 after purchasing an additional 1,931,320 shares during the period. Finally, Two Sigma Advisers LP grew its holdings in ARK Innovation ETF by 282.4% during the first quarter. Two Sigma Advisers LP now owns 2,536,400 shares of the company’s stock worth $102,318,000 after purchasing an additional 1,873,200 shares during the period.

ARK Innovation ETF Trading Down 0.6 %

Shares of NYSEARCA:ARKK traded down $0.27 during trading on Wednesday, reaching $43.38. 2,361,616 shares of the stock were exchanged, compared to its average volume of 14,303,423. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52. The stock has a 50-day moving average price of $49.16 and a 200-day moving average price of $46.24.

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.