Patriot Financial Group Insurance Agency LLC Raises Position in ARK Innovation ETF $ARKK

Patriot Financial Group Insurance Agency LLC grew its stake in ARK Innovation ETF (BATS:ARKK) by 99.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,018 shares of the company’s stock after purchasing an additional 21,917 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in ARK Innovation ETF were worth $2,975,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARKK. Decker Retirement Planning Inc. boosted its stake in ARK Innovation ETF by 38,300.0% during the first quarter. Decker Retirement Planning Inc. now owns 384 shares of the company’s stock worth $26,000 after buying an additional 383 shares during the period. Caitlin John LLC bought a new position in ARK Innovation ETF during the third quarter valued at $27,000. TD Capital Management LLC purchased a new stake in shares of ARK Innovation ETF in the fourth quarter valued at $30,000. Wealth Watch Advisors INC purchased a new stake in shares of ARK Innovation ETF in the third quarter valued at $32,000. Finally, Riggs Asset Managment Co. Inc. lifted its holdings in shares of ARK Innovation ETF by 1,635.7% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after acquiring an additional 458 shares during the last quarter.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $78.13 on Monday. ARK Innovation ETF has a 12-month low of $62.94 and a 12-month high of $92.65. The firm has a 50-day moving average price of $77.48 and a 200-day moving average price of $75.89. The firm has a market capitalization of $7.40 billion, a PE ratio of 50.14 and a beta of 1.92.

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 issued by ARK.