StoneX Group Inc. Acquires 6,859 Shares of ARK Innovation ETF $ARKK

StoneX Group Inc. acquired a new stake in shares of ARK Innovation ETF (BATS:ARKK) in the third quarter, HoldingsChannel reports. The fund acquired 6,859 shares of the company’s stock, valued at approximately $611,000.

A number of other institutional investors have also recently bought and sold shares of ARKK. Verus Capital Partners LLC raised its stake in shares of ARK Innovation ETF by 918.0% during the 3rd quarter. Verus Capital Partners LLC now owns 38,562 shares of the company’s stock worth $3,436,000 after purchasing an additional 34,774 shares in the last quarter. MMA Asset Management LLC lifted its holdings in shares of ARK Innovation ETF by 7.6% during the 3rd quarter. MMA Asset Management LLC now owns 3,387 shares of the company’s stock valued at $302,000 after buying an additional 239 shares during the last quarter. Inscription Capital LLC bought a new stake in shares of ARK Innovation ETF in the 3rd quarter valued at approximately $201,000. Commonwealth Equity Services LLC bought a new stake in shares of ARK Innovation ETF in the 3rd quarter valued at approximately $25,719,000. Finally, Provenance Wealth Advisors LLC grew its stake in shares of ARK Innovation ETF by 1,122.0% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 2,114 shares of the company’s stock valued at $188,000 after buying an additional 1,941 shares in the last quarter.

ARK Innovation ETF Stock Performance

BATS:ARKK opened at $78.47 on Thursday. The stock’s 50 day moving average price is $85.09 and its 200 day moving average price is $78.25. ARK Innovation ETF has a 52 week low of $62.94 and a 52 week high of $94.82. The company has a market capitalization of $6.07 billion, a P/E ratio of 45.30 and a beta of 2.01.

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 issued by ARK.