Koshinski Asset Management Inc. Acquires 1,225 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Koshinski Asset Management Inc. grew its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,397 shares of the company’s stock after acquiring an additional 1,225 shares during the quarter. Koshinski Asset Management Inc.’s holdings in ARK Innovation ETF were worth $988,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Trust Asset Management LLC boosted its holdings in ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares during the period. Hershey Financial Advisers LLC acquired a new stake in ARK Innovation ETF during the second quarter worth about $32,000. Strategic Investment Solutions Inc. IL acquired a new stake in ARK Innovation ETF during the second quarter worth about $34,000. Brown Brothers Harriman & Co. acquired a new position in ARK Innovation ETF in the 3rd quarter valued at approximately $76,000. Finally, Hobbs Group Advisors LLC bought a new stake in shares of ARK Innovation ETF in the 3rd quarter worth approximately $86,000.

ARK Innovation ETF Stock Performance

ARKK opened at $61.50 on Wednesday. The stock’s 50 day simple moving average is $58.56 and its 200-day simple moving average is $50.36. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $63.44.

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 managed by ARK.