ARK Innovation ETF (BATS:ARKK) Trading Down 3% – Time to Sell?

ARK Innovation ETF (BATS:ARKKGet Free Report)’s stock price was down 3% on Thursday . The stock traded as low as $77.66 and last traded at $77.70. Approximately 10,971,581 shares were traded during trading, The stock had previously closed at $80.14.

ARK Innovation ETF Stock Performance

The company’s 50 day moving average price is $82.28 and its 200-day moving average price is $77.33. The company has a market cap of $7.60 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92.

ARK Innovation ETF Company Profile

(Get Free Report)

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.

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