Wealth Enhancement Advisory Services LLC Grows Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Wealth Enhancement Advisory Services LLC increased its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 90.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 163,932 shares of the company’s stock after acquiring an additional 77,735 shares during the period. Other hedge funds and institutional investors have also recently added to or reduced their stakes in the company. ARK Innovation ETF opened at $43.95 on Monday, with a 12-month low of $33.76 and a 12-month high of $54.52. The fund mostly invests in stocks based on disruptive innovation and seeks long-term capital growth. Receive daily news and ratings for ARK Innovation ETF by signing up for MarketBeat.com’s free email newsletter.