ARK Innovation ETF $ARKK Shares Newly Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in ARK Innovation ETF (BATS:ARKK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,146 shares of the company’s stock, valued at approximately $637,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Solutions LLC increased its stake in shares of ARK Innovation ETF by 4.0% in the 2nd quarter. Legacy Solutions LLC now owns 3,552 shares of the company’s stock valued at $287,000 after acquiring an additional 137 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of ARK Innovation ETF by 2.9% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,013 shares of the company’s stock valued at $405,000 after acquiring an additional 139 shares in the last quarter. Worthington Financial Partners LLC lifted its holdings in shares of ARK Innovation ETF by 1.0% in the 3rd quarter. Worthington Financial Partners LLC now owns 14,065 shares of the company’s stock worth $1,253,000 after purchasing an additional 141 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in ARK Innovation ETF by 0.5% during the first quarter. Bleakley Financial Group LLC now owns 30,838 shares of the company’s stock worth $2,084,000 after buying an additional 146 shares during the last quarter. Finally, Straight Path Wealth Management raised its holdings in ARK Innovation ETF by 2.0% during 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 during the last quarter.

ARK Innovation ETF Price Performance

BATS:ARKK opened at $73.15 on Friday. ARK Innovation ETF has a one year low of $62.94 and a one year high of $94.82. The company has a market cap of $6.92 billion, a PE ratio of 50.14 and a beta of 1.92. The firm has a 50-day moving average of $85.70 and a 200-day moving average of $78.31.

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.