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DailyBubble News

ARK Genomic Revolution ETF Sees Unusually Large Options Volume (BATS:ARKG)

ARK Genomic Revolution ETF (BATS: ARKG) saw some unusual options trading activity on Friday, with stock investors purchasing 15,452 put options on the company. This marked a 50% increase compared to the typical daily volume of 10,321 put options.

Shares of ARKG opened at $25.34 on Friday, with a 50-day moving average price of $24.98 and a 200-day moving average price of $27.52.

In terms of institutional activity, large investors have been buying and selling shares of ARKG. Principal Securities Inc., Northwest Financial Advisors, Tidemark LLC, EverSource Wealth Advisors LLC, and Naples Money Management LLC all acquired new positions in the stock during recent quarters.

The ARK Genomic Revolution ETF (ARKG) is an exchange-traded fund that focuses on investing in companies within the genomics industry. Managed by ARK, the fund was launched on October 31, 2014.

For those interested in receiving daily updates on ARKG, MarketBeat.com offers a free daily email newsletter providing news and analysts’ ratings for the ETF.

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