Certior Financial Group LLC purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) in the fourth quarter, Holdings Channel reports. The firm purchased 3,587 shares of the company’s stock, valued at approximately $204,000.
Several other institutional investors and hedge funds have also made changes to their positions in ARKK. Murphy & Mullick Capital Management Corp acquired a new stake in ARK Innovation ETF during the fourth quarter worth about $38,000. Graney & King LLC bought a new position in shares of ARK Innovation ETF during the fourth quarter valued at approximately $61,000. Kestra Investment Management LLC acquired a new stake in shares of ARK Innovation ETF during the 4th quarter worth approximately $68,000. Hobbs Group Advisors LLC bought a new stake in shares of ARK Innovation ETF in the 3rd quarter worth approximately $86,000. Finally, Mainstream Capital Management LLC acquired a new position in ARK Innovation ETF during the 4th quarter valued at approximately $99,000.
ARK Innovation ETF Price Performance
Shares of NYSEARCA ARKK opened at $42.28 on Tuesday. The firm has a market capitalization of $4.41 billion, a PE ratio of 28.92 and a beta of 1.98. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $68.43. The business’s fifty day moving average price is $55.58 and its two-hundred day moving average price is $54.82.
ARK Innovation ETF Company 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.
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