MGO One Seven LLC Acquires Shares of 5,031 ARK Innovation ETF $ARKK

MGO One Seven LLC acquired a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the second quarter, HoldingsChannel reports. The fund acquired 5,031 shares of the company’s stock, valued at approximately $354,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. SVB Wealth LLC bought a new position in shares of ARK Innovation ETF during the first quarter worth $28,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of ARK Innovation ETF during the second quarter worth $28,000. SJS Investment Consulting Inc. boosted its position in shares of ARK Innovation ETF by 4,410.0% during the second quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock worth $32,000 after purchasing an additional 441 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its position in shares of ARK Innovation ETF by 51,200.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock worth $36,000 after purchasing an additional 512 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of ARK Innovation ETF during the first quarter worth $48,000.

ARK Innovation ETF Stock Down 0.5%

Shares of NYSEARCA ARKK opened at $86.24 on Friday. The company’s fifty day moving average is $80.97 and its 200-day moving average is $67.83. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 50.14 and a beta of 1.64. ARK Innovation ETF has a twelve month low of $38.57 and a twelve month 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.