SG Americas Securities LLC boosted its holdings in ARK Innovation ETF (BATS:ARKK – Free Report) by 44.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,702 shares of the company’s stock after purchasing an additional 11,331 shares during the quarter. SG Americas Securities LLC’s holdings in ARK Innovation ETF were worth $2,481,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in ARKK. J. Derek Lewis & Associates Inc. purchased a new stake in shares of ARK Innovation ETF in the 4th quarter worth approximately $221,000. Purpose Unlimited Inc. purchased a new position in ARK Innovation ETF during the fourth quarter valued at $47,000. Rockefeller Capital Management L.P. boosted its holdings in ARK Innovation ETF by 3.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 104,689 shares of the company’s stock worth $8,053,000 after acquiring an additional 3,466 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in shares of ARK Innovation ETF in the fourth quarter worth $1,290,000. Finally, Worthington Financial Partners LLC purchased a new stake in shares of ARK Innovation ETF in the fourth quarter worth $1,210,000.
ARK Innovation ETF Price Performance
ARKK opened at $81.85 on Thursday. The stock has a 50-day moving average price of $77.63 and a 200-day moving average price of $75.86. The firm has a market cap of $7.75 billion, a PE ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 1 year low of $62.94 and a 1 year high of $92.65.
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 issued by ARK.
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