ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Trading Up 0.5% – Time to Buy?

ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)’s stock price rose 0.5% during trading on Wednesday . The stock traded as high as $129.90 and last traded at $128.93. 88,991 shares were traded during mid-day trading, a decline of 59% from the average session volume of 217,651 shares. The stock had previously closed at $128.30.

ARK Autonomous Technology & Robotics ETF Trading Up 0.5%

The firm’s 50-day moving average price is $124.70 and its two-hundred day moving average price is $125.18. The stock has a market cap of $1.58 billion, a PE ratio of 32.86 and a beta of 1.40.

Hedge Funds Weigh In On ARK Autonomous Technology & Robotics ETF

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its holdings in shares of ARK Autonomous Technology & Robotics ETF by 67,855.4% in the 4th quarter. BNP Paribas Financial Markets now owns 100,574 shares of the company’s stock valued at $11,532,000 after acquiring an additional 100,426 shares during the period. Crescent Grove Advisors LLC boosted its position in ARK Autonomous Technology & Robotics ETF by 1.3% during the fourth quarter. Crescent Grove Advisors LLC now owns 13,263 shares of the company’s stock valued at $1,521,000 after purchasing an additional 175 shares in the last quarter. Farther Finance Advisors LLC boosted its position in ARK Autonomous Technology & Robotics ETF by 77.1% during the fourth quarter. Farther Finance Advisors LLC now owns 5,937 shares of the company’s stock valued at $681,000 after purchasing an additional 2,585 shares in the last quarter. Arkadios Wealth Advisors grew its stake in ARK Autonomous Technology & Robotics ETF by 6.7% in the fourth quarter. Arkadios Wealth Advisors now owns 2,122 shares of the company’s stock valued at $243,000 after purchasing an additional 134 shares during the last quarter. Finally, Triumph Capital Management raised its holdings in ARK Autonomous Technology & Robotics ETF by 48.0% in the fourth quarter. Triumph Capital Management now owns 1,678 shares of the company’s stock worth $192,000 after purchasing an additional 544 shares in the last quarter.

ARK Autonomous Technology & Robotics ETF Company Profile

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements. ARKQ was launched on Sep 30, 2014 and is managed by ARK.