Nwam LLC Makes New $1.94 Million Investment in ARK Innovation ETF (NYSEARCA:ARKK)

Nwam LLC bought a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 21,107 shares of the company’s stock, valued at approximately $1,942,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. JNBA Financial Advisors raised its stake in ARK Innovation ETF by 12.0% during the 2nd quarter. JNBA Financial Advisors now owns 1,215 shares of the company’s stock worth $87,000 after acquiring an additional 130 shares during the period. Allworth Financial LP grew its holdings in ARK Innovation ETF by 4.0% during the 2nd quarter. Allworth Financial LP now owns 3,523 shares of the company’s stock valued at $251,000 after buying an additional 136 shares in the last quarter. Pacific Sun Financial Corp grew its holdings in ARK Innovation ETF by 2.9% during the 2nd quarter. Pacific Sun Financial Corp now owns 5,510 shares of the company’s stock valued at $393,000 after buying an additional 155 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in ARK Innovation ETF by 2.9% during the 2nd quarter. Aptus Capital Advisors LLC now owns 5,681 shares of the company’s stock valued at $405,000 after buying an additional 162 shares in the last quarter. Finally, Legacy Wealth Planning LLC purchased a new stake in ARK Innovation ETF during the 1st quarter valued at approximately $28,000.

ARKK traded down $0.07 during trading on Friday, reaching $102.76. 2,088,541 shares of the company traded hands, compared to its average volume of 1,363,024. ARK Innovation ETF has a 12-month low of $33.00 and a 12-month high of $106.15. The firm has a fifty day simple moving average of $92.60 and a 200 day simple moving average of $73.38.

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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