Fiduciary Alliance LLC Acquires New Stake in ARK Innovation ETF (NYSEARCA:ARKK)

Fiduciary Alliance LLC bought a new position in ARK Innovation ETF (NYSEARCA:ARKKFree Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 3,985 shares of the company’s stock, valued at approximately $226,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of ARK Innovation ETF in the second quarter worth approximately $26,000. Global Trust Asset Management LLC grew its stake in 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 buying an additional 550 shares in the last quarter. Hershey Financial Advisers LLC purchased a new position in ARK Innovation ETF in the 2nd quarter worth approximately $32,000. Strategic Investment Solutions Inc. IL bought a new position in shares of ARK Innovation ETF in the 2nd quarter worth $34,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of ARK Innovation ETF during the 3rd quarter valued at $76,000.

ARK Innovation ETF Stock Performance

NYSEARCA ARKK opened at $56.41 on Wednesday. The stock’s 50-day simple moving average is $58.16 and its two-hundred day simple moving average is $49.97. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.44.

ARK Innovation ETF Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (NYSEARCA:ARKKFree Report).

Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

Receive News & Ratings for ARK Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.