12,229 Shares in ARK Innovation ETF (NYSEARCA:ARKK) Acquired by Blue Rock Wealth Management LLC

Blue Rock Wealth Management LLC bought a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,229 shares of the company’s stock, valued at approximately $694,000. ARK Innovation ETF makes up 0.7% of Blue Rock Wealth Management LLC’s portfolio, making the stock its 28th largest position.

Other large investors have also recently made changes to their positions in the company. Barclays PLC boosted its stake in ARK Innovation ETF by 100.6% in the 3rd quarter. Barclays PLC now owns 65,166 shares of the company’s stock worth $3,098,000 after purchasing an additional 32,679 shares during the period. Sculati Wealth Management LLC bought a new position in shares of ARK Innovation ETF in the third quarter valued at approximately $220,000. Fiduciary Alliance LLC purchased a new position in ARK Innovation ETF during the fourth quarter valued at approximately $226,000. Park Avenue Securities LLC increased its holdings in ARK Innovation ETF by 211.2% during the 4th quarter. Park Avenue Securities LLC now owns 13,321 shares of the company’s stock worth $756,000 after acquiring an additional 9,041 shares during the period. Finally, Advisors Management Group Inc. ADV purchased a new stake in ARK Innovation ETF in the 4th quarter worth approximately $224,000.

ARK Innovation ETF Price Performance

ARKK opened at $50.84 on Thursday. ARK Innovation ETF has a one year low of $36.85 and a one year high of $68.43. The firm has a market capitalization of $5.49 billion, a P/E ratio of 29.14 and a beta of 1.98. The company has a fifty day moving average price of $49.19 and a 200-day moving average price of $54.66.

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.