Worthington Financial Partners LLC purchased a new stake in ARK Innovation ETF (BATS:ARKK – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,728 shares of the company’s stock, valued at approximately $1,210,000. ARK Innovation ETF makes up approximately 1.1% of Worthington Financial Partners LLC’s portfolio, making the stock its 29th largest holding.
Other hedge funds have also bought and sold shares of the company. Caitlin John LLC acquired a new stake in ARK Innovation ETF in the 3rd quarter worth about $27,000. New Millennium Group LLC bought a new stake in ARK Innovation ETF in the 3rd quarter valued at about $31,000. Wealth Watch Advisors INC acquired a new position in shares of ARK Innovation ETF during the 3rd quarter worth approximately $32,000. TD Capital Management LLC acquired a new position in shares of ARK Innovation ETF during the 4th quarter worth approximately $30,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of ARK Innovation ETF by 85.0% during the third quarter. Russell Investments Group Ltd. now owns 418 shares of the company’s stock worth $36,000 after purchasing an additional 192 shares during the period.
ARK Innovation ETF Stock Performance
Shares of ARKK opened at $80.19 on Friday. ARK Innovation ETF has a 12 month low of $62.94 and a 12 month high of $92.65. The firm’s 50 day moving average is $77.00 and its 200-day moving average is $76.02. The stock has a market capitalization of $7.59 billion, a PE ratio of 50.14 and a beta of 1.92.
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.
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