Bleakley Financial Group LLC Acquires 2,442 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Bleakley Financial Group LLC boosted its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 5.2% in the 4th quarter, Holdings Channel reports. The firm owned 49,272 shares of the company’s stock after buying an additional 2,442 shares during the period. Bleakley Financial Group LLC’s holdings in ARK Innovation ETF were worth $2,797,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Global Trust Asset Management LLC lifted its stake in shares of 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 acquiring an additional 550 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in ARK Innovation ETF during the 3rd quarter worth about $76,000. Hobbs Group Advisors LLC acquired a new stake in ARK Innovation ETF during the 3rd quarter worth about $86,000. Spire Wealth Management grew its holdings in ARK Innovation ETF by 118.6% during the 4th quarter. Spire Wealth Management now owns 3,273 shares of the company’s stock worth $186,000 after acquiring an additional 1,776 shares during the period. Finally, KPP Advisory Services LLC acquired a new stake in ARK Innovation ETF during the 4th quarter worth about $210,000.

ARK Innovation ETF Stock Performance

Shares of ARKK opened at $62.72 on Friday. The stock has a 50-day moving average of $60.17 and a 200-day moving average of $51.64. ARK Innovation ETF has a one year low of $36.85 and a one year high of $64.72.

About ARK Innovation ETF

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.