ARK Space Exploration & Innovation ETF (BATS:ARKX) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

ARK Space Exploration & Innovation ETF (BATS:ARKX) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $15.63 and traded as high as $18.59. ARK Space Exploration & Innovation ETF shares last traded at $18.51, with a volume of 226,930 shares changing hands.

ARK Space Exploration & Innovation ETF Stock Performance

The stock has a market cap of $299.86 million, a PE ratio of 28.46 and a beta of 1.21. The business has a 50-day moving average of $16.63 and a 200 day moving average of $15.63.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ARK Space Exploration & Innovation ETF stock. Flow Traders U.S. LLC grew its stake in shares of ARK Space Exploration & Innovation ETF (BATS:ARKX) by 77.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,288 shares of the company’s stock after buying an additional 14,133 shares during the period. Flow Traders U.S. LLC owned 0.20% of ARK Space Exploration & Innovation ETF worth $523,000 as of its most recent SEC filing.

ARK Space Exploration & Innovation ETF Company Profile

The ARK Space Exploration & Innovation ETF (ARKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth. ARKX was launched on Mar 30, 2021 and is managed by ARK.