32,638 ARK Innovation ETF $ARKK Shares Bought by GoalVest Advisory LLC

GoalVest Advisory LLC raised its stake in shares of ARK Innovation ETF (BATS:ARKK) by 21,614.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,789 shares of the company’s stock after buying an additional 32,638 shares during the quarter. GoalVest Advisory LLC’s holdings in ARK Innovation ETF were worth $2,921,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in ARK Innovation ETF by 27.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 225,231 shares of the company’s stock valued at $18,203,000 after purchasing an additional 48,003 shares during the last quarter. Waverly Advisors LLC raised its holdings in ARK Innovation ETF by 8.5% in the second quarter. Waverly Advisors LLC now owns 4,649 shares of the company’s stock worth $376,000 after buying an additional 363 shares during the last quarter. Range Advisory LLC lifted its stake in shares of ARK Innovation ETF by 13.0% in the second quarter. Range Advisory LLC now owns 6,539 shares of the company’s stock worth $528,000 after buying an additional 750 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of ARK Innovation ETF in the second quarter worth approximately $263,000. Finally, Straight Path Wealth Management lifted its stake in shares of ARK Innovation ETF by 2.0% in the second quarter. Straight Path Wealth Management now owns 10,186 shares of the company’s stock worth $823,000 after buying an additional 201 shares in the last quarter.

ARK Innovation ETF Stock Performance

Shares of BATS:ARKK traded up $1.14 during trading on Friday, reaching $89.72. 2,790,062 shares of the stock traded hands, compared to its average volume of 7,592,976. The stock has a market cap of $8.49 billion, a P/E ratio of 50.14 and a beta of 1.92. The stock has a 50-day moving average of $82.95 and a two-hundred day moving average of $78.39. ARK Innovation ETF has a 52-week low of $62.94 and a 52-week high of $92.65.

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.