Tradr 2X Long Innovation ETF (NASDAQ:TARK) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Tradr 2X Long Innovation ETF (NASDAQ:TARK)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $32.37 and traded as high as $52.23. Tradr 2X Long Innovation ETF shares last traded at $50.35, with a volume of 84,616 shares.

Tradr 2X Long Innovation ETF Stock Up 8.5 %

The company has a fifty day moving average of $37.59 and a 200 day moving average of $32.53.

Institutional Investors Weigh In On Tradr 2X Long Innovation ETF

A hedge fund recently bought a new stake in Tradr 2X Long Innovation ETF stock. Western Pacific Wealth Management LP purchased a new stake in shares of Tradr 2X Long Innovation ETF (NASDAQ:TARK) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 950 shares of the company’s stock, valued at approximately $62,000. Western Pacific Wealth Management LP owned about 0.10% of Tradr 2X Long Innovation ETF at the end of the most recent quarter.

Tradr 2X Long Innovation ETF Company Profile

The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.