3,947 Shares in ARK Innovation ETF (NYSEARCA:ARKK) Bought by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV bought a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,947 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC acquired a new position in ARK Innovation ETF in the second quarter valued at $26,000. Global Trust Asset Management LLC raised its position in shares of ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 550 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of ARK Innovation ETF in the 2nd quarter valued at about $32,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of ARK Innovation ETF during the 2nd quarter valued at about $34,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of ARK Innovation ETF during the 3rd quarter valued at about $76,000.

ARK Innovation ETF Trading Up 4.0 %

Shares of ARKK stock opened at $58.67 on Thursday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $63.44. The stock has a 50 day simple moving average of $58.16 and a two-hundred day simple moving average of $49.97.

ARK Innovation ETF Company 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.