Y.D. More Investments Ltd Purchases New Position in ARK Innovation ETF (NYSEARCA:ARKK)

Y.D. More Investments Ltd purchased a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 6,200 shares of the company’s stock, valued at approximately $325,000.

A number of other institutional investors also recently modified their holdings of the business. Morgan Stanley increased its holdings in ARK Innovation ETF by 5.1% during the 3rd quarter. Morgan Stanley now owns 9,524,089 shares of the company’s stock worth $377,821,000 after acquiring an additional 460,104 shares during the period. LPL Financial LLC increased its holdings in ARK Innovation ETF by 2.5% during the 3rd quarter. LPL Financial LLC now owns 3,631,858 shares of the company’s stock worth $144,076,000 after acquiring an additional 89,000 shares during the period. Citigroup Inc. increased its holdings in ARK Innovation ETF by 11.3% during the 3rd quarter. Citigroup Inc. now owns 3,227,469 shares of the company’s stock worth $128,034,000 after acquiring an additional 328,088 shares during the period. International Assets Investment Management LLC bought a new stake in ARK Innovation ETF during the 4th quarter worth approximately $93,781,000. Finally, Raymond James & Associates increased its holdings in ARK Innovation ETF by 5.8% during the 4th quarter. Raymond James & Associates now owns 951,484 shares of the company’s stock worth $49,829,000 after acquiring an additional 52,574 shares during the period.

ARK Innovation ETF Stock Up 1.5 %

ARK Innovation ETF stock opened at $44.48 on Thursday. The firm’s 50 day simple moving average is $47.87 and its 200 day simple moving average is $46.54. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52.

ARK Innovation ETF Company 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 managed by ARK.