Headlands Technologies LLC Invests $546,000 in ARK Innovation ETF $ARKK

Headlands Technologies LLC acquired a new stake in shares of ARK Innovation ETF (BATS:ARKK) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,759 shares of the company’s stock, valued at approximately $546,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. State of Wisconsin Investment Board lifted its holdings in ARK Innovation ETF by 95.8% in the fourth quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock worth $215,710,000 after acquiring an additional 1,372,438 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of ARK Innovation ETF by 8,291.5% during the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock valued at $113,120,000 after purchasing an additional 1,590,149 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of ARK Innovation ETF by 634.7% during the third quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock valued at $76,386,000 after purchasing an additional 764,653 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of ARK Innovation ETF by 620.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 650,621 shares of the company’s stock worth $50,046,000 after purchasing an additional 560,286 shares during the period. Finally, Ascension Capital Advisors Inc. raised its position in shares of ARK Innovation ETF by 2.7% during the 1st quarter. Ascension Capital Advisors Inc. now owns 382,968 shares of the company’s stock worth $25,885,000 after purchasing an additional 9,985 shares during the period.

ARK Innovation ETF Trading Up 0.4%

Shares of BATS ARKK opened at $83.39 on Thursday. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 12-month low of $62.94 and a 12-month high of $92.65. The stock’s 50 day simple moving average is $79.44 and its 200 day simple moving average is $76.16.

ARK Innovation ETF 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.