Stablepoint Partners LLC Has $1.48 Million Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Stablepoint Partners LLC boosted its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 19.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,111 shares of the company’s stock after buying an additional 5,227 shares during the period. Stablepoint Partners LLC’s holdings in ARK Innovation ETF were worth $1,475,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp purchased a new position in shares of ARK Innovation ETF during the 4th quarter valued at $26,000. Westside Investment Management Inc. boosted its position in ARK Innovation ETF by 107.1% during the first quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock worth $29,000 after purchasing an additional 300 shares during the period. GoalVest Advisory LLC grew its holdings in ARK Innovation ETF by 124.8% during the first quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after purchasing an additional 372 shares during the last quarter. Mather Group LLC. bought a new position in shares of ARK Innovation ETF in the first quarter valued at approximately $38,000. Finally, Consultiva Wealth Management CORP. acquired a new stake in shares of ARK Innovation ETF in the first quarter worth $42,000.

ARK Innovation ETF Trading Down 0.3 %

ARK Innovation ETF stock opened at $42.86 on Thursday. ARK Innovation ETF has a 52 week low of $33.76 and a 52 week high of $54.52. The business’s 50-day simple moving average is $44.64 and its 200-day simple moving average is $45.74.

ARK Innovation ETF 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 managed by ARK.