ARK Innovation ETF (NYSEARCA:ARKK) is Ascension Capital Advisors Inc.’s 4th Largest Position

Ascension Capital Advisors Inc. raised its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 373,958 shares of the company’s stock after acquiring an additional 17,764 shares during the quarter. ARK Innovation ETF makes up 9.3% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 4th largest holding. Ascension Capital Advisors Inc.’s holdings in ARK Innovation ETF were worth $21,230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Kestra Investment Management LLC acquired a new stake in shares of ARK Innovation ETF during the fourth quarter worth approximately $68,000. Brown Brothers Harriman & Co. purchased a new stake in ARK Innovation ETF in the 3rd quarter worth approximately $76,000. Hobbs Group Advisors LLC purchased a new stake in ARK Innovation ETF in the 3rd quarter worth approximately $86,000. Bank of Jackson Hole Trust acquired a new stake in shares of ARK Innovation ETF during the 4th quarter valued at $114,000. Finally, Global Trust Asset Management LLC grew its holdings in shares of ARK Innovation ETF by 221.5% during the 4th quarter. Global Trust Asset Management LLC now owns 2,090 shares of the company’s stock valued at $119,000 after acquiring an additional 1,440 shares in the last quarter.

ARK Innovation ETF Trading Down 5.2 %

Shares of NYSEARCA:ARKK opened at $56.00 on Wednesday. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 46.93 and a beta of 1.76. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $68.43. The business has a fifty day simple moving average of $60.82 and a 200 day simple moving average of $53.61.

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.