RFG Advisory LLC Invests $231,000 in ARK Innovation ETF (NYSEARCA:ARKK)

RFG Advisory LLC bought a new stake in ARK Innovation ETF (NYSEARCA:ARKKFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,067 shares of the company’s stock, valued at approximately $231,000.

A number of other hedge funds have also recently added to or reduced their stakes in ARKK. Renaissance Technologies LLC purchased a new position in shares of ARK Innovation ETF during the second quarter worth approximately $246,000. Truist Financial Corp grew its position in ARK Innovation ETF by 3.1% during the 2nd quarter. Truist Financial Corp now owns 172,433 shares of the company’s stock worth $7,578,000 after purchasing an additional 5,160 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in ARK Innovation ETF in the second quarter valued at $34,000. Sanctuary Advisors LLC purchased a new stake in shares of ARK Innovation ETF in the second quarter valued at about $2,115,000. Finally, Heritage Wealth Management Inc. acquired a new stake in shares of ARK Innovation ETF during the second quarter worth about $290,000.

ARK Innovation ETF Price Performance

NYSEARCA ARKK opened at $61.93 on Wednesday. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $63.61. The business’s 50-day moving average price is $59.24 and its 200 day moving average price is $50.92.

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.

Further Reading

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

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