Signaturefd LLC Buys 4,150 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Signaturefd LLC boosted its position in ARK Innovation ETF (NYSEARCA:ARKK) by 170.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,579 shares of the company’s stock after acquiring an additional 4,150 shares during the quarter. Signaturefd LLC’s holdings in ARK Innovation ETF were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its position in shares of ARK Innovation ETF by 43.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 19,017 shares of the company’s stock valued at $1,080,000 after purchasing an additional 5,800 shares during the last quarter. Greykasell Wealth Strategies Inc. bought a new position in ARK Innovation ETF during the fourth quarter valued at approximately $2,302,000. Madison Investment Advisors LLC purchased a new position in shares of ARK Innovation ETF during the fourth quarter worth approximately $345,000. EverSource Wealth Advisors LLC boosted its stake in shares of ARK Innovation ETF by 683.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,145 shares of the company’s stock valued at $462,000 after purchasing an additional 7,105 shares in the last quarter. Finally, Moors & Cabot Inc. grew its holdings in shares of ARK Innovation ETF by 1.3% during the 4th quarter. Moors & Cabot Inc. now owns 20,650 shares of the company’s stock valued at $1,172,000 after purchasing an additional 263 shares during the last quarter.

ARK Innovation ETF Stock Down 0.1 %

ARK Innovation ETF stock opened at $50.02 on Friday. The firm has a fifty day simple moving average of $58.21 and a two-hundred day simple moving average of $54.32. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $68.43. The company has a market capitalization of $5.49 billion, a PE ratio of 41.12 and a beta of 1.89.

About ARK Innovation ETF

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.