Quadrature Capital Ltd Buys Shares of 453,929 ARK Innovation ETF $ARKK

Quadrature Capital Ltd bought a new stake in shares of ARK Innovation ETF (BATS:ARKK) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 453,929 shares of the company’s stock, valued at approximately $39,269,000.

Other institutional investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC lifted its holdings in shares of ARK Innovation ETF by 3.2% during the 3rd quarter. Golden State Wealth Management LLC now owns 3,701 shares of the company’s stock worth $319,000 after acquiring an additional 116 shares during the last quarter. Prime Capital Investment Advisors LLC grew its position in ARK Innovation ETF by 3.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,272 shares of the company’s stock worth $369,000 after acquiring an additional 139 shares in the last quarter. Graney & King LLC increased its stake in ARK Innovation ETF by 16.6% in the third quarter. Graney & King LLC now owns 998 shares of the company’s stock valued at $86,000 after acquiring an additional 142 shares during the last quarter. Evolution Wealth Advisors LLC increased its stake in ARK Innovation ETF by 1.0% in the third quarter. Evolution Wealth Advisors LLC now owns 14,741 shares of the company’s stock valued at $1,272,000 after acquiring an additional 153 shares during the last quarter. Finally, Optivise Advisory Services LLC raised its position in ARK Innovation ETF by 3.5% during the third quarter. Optivise Advisory Services LLC now owns 4,523 shares of the company’s stock valued at $390,000 after purchasing an additional 155 shares in the last quarter.

ARK Innovation ETF Stock Down 3.3%

Shares of ARKK stock opened at $70.64 on Friday. The business has a 50-day moving average price of $75.68 and a two-hundred day moving average price of $79.57. ARK Innovation ETF has a 12-month low of $38.57 and a 12-month high of $92.65. The firm has a market cap of $6.69 billion, a P/E ratio of 50.14 and a beta of 1.92.

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 issued by ARK.