ARK Innovation ETF (NYSEARCA:ARKK) Stake Lifted by Bleakley Financial Group LLC

Bleakley Financial Group LLC raised its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 9.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 46,830 shares of the company’s stock after purchasing an additional 4,023 shares during the quarter. Bleakley Financial Group LLC’s holdings in ARK Innovation ETF were worth $2,226,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Summit Investment Advisory Services LLC bought a new stake in ARK Innovation ETF during the third quarter worth approximately $490,000. Saxon Interests Inc. boosted its holdings in ARK Innovation ETF by 6.9% during the third quarter. Saxon Interests Inc. now owns 6,520 shares of the company’s stock worth $310,000 after buying an additional 419 shares in the last quarter. WealthCare Investment Partners LLC boosted its holdings in ARK Innovation ETF by 4.9% during the third quarter. WealthCare Investment Partners LLC now owns 18,991 shares of the company’s stock worth $872,000 after buying an additional 885 shares in the last quarter. Legacy Private Trust Co. boosted its holdings in ARK Innovation ETF by 1.4% during the third quarter. Legacy Private Trust Co. now owns 33,125 shares of the company’s stock worth $1,574,000 after buying an additional 449 shares in the last quarter. Finally, Axiom Advisory LLC boosted its holdings in ARK Innovation ETF by 1.3% during the third quarter. Axiom Advisory LLC now owns 76,560 shares of the company’s stock worth $3,440,000 after buying an additional 960 shares in the last quarter.

ARK Innovation ETF Stock Performance

Shares of NYSEARCA:ARKK opened at $48.03 on Friday. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52. The company has a 50 day moving average price of $45.40 and a 200 day moving average price of $44.93.

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.