International Assets Investment Management LLC recently acquired a new stake in ARK Innovation ETF (NYSEARCA: ARKK) during the 4th quarter. According to their latest disclosure with the Securities and Exchange Commission (SEC), the institutional investor purchased 34,194 shares of the company’s stock, valued at around $1,791,000.
Several other institutional investors have also made changes to their positions in the company. For instance, Oliver Lagore Vanvalin Investment Group increased its holdings in ARK Innovation ETF by 103.3% in the 3rd quarter, now owning 738 shares worth $29,000 after acquiring an additional 375 shares. Authentikos Wealth Advisory LLC, Headinvest LLC, Fortitude Family Office LLC, and Headlands Technologies LLC also bought new positions in ARK Innovation ETF during different quarters.
As of Tuesday, shares of ARKK stock opened at $44.17, with a 12-month low of $33.76 and a high of $54.52. The business has a 50-day simple moving average of $47.11 and a 200-day simple moving average of $47.00.
ARK Innovation ETF (ARKK) is an exchange-traded fund that primarily invests in stocks related to a specific theme. Managed by ARK, the fund seeks long-term capital growth from companies worldwide involved in or benefiting from disruptive innovation. Launched on Oct 31, 2014, ARKK provides investors with exposure to innovative companies.
For those interested in tracking the holdings of ARK Innovation ETF, they can visit HoldingsChannel.com to access the latest 13F filings and insider trades related to the fund.
To stay updated on news and ratings for ARK Innovation ETF, readers can enter their email address to receive a daily summary of the latest developments and analyst ratings through MarketBeat.com’s free daily email newsletter.