Interchange Capital Partners LLC Takes $241,000 Position in ARK Innovation ETF (NYSEARCA:ARKK)

Interchange Capital Partners LLC acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,480 shares of the company’s stock, valued at approximately $241,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisory Services Network LLC grew its stake in shares of ARK Innovation ETF by 7.6% during the fourth quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock valued at $628,000 after buying an additional 846 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of ARK Innovation ETF by 246.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 25,781 shares of the company’s stock worth $1,350,000 after purchasing an additional 18,340 shares during the period. Banco Santander S.A. boosted its holdings in shares of ARK Innovation ETF by 8.5% during the first quarter. Banco Santander S.A. now owns 16,516 shares of the company’s stock worth $827,000 after purchasing an additional 1,290 shares during the period. Leo Wealth LLC purchased a new stake in shares of ARK Innovation ETF during the fourth quarter worth about $207,000. Finally, SageView Advisory Group LLC boosted its holdings in shares of ARK Innovation ETF by 6.3% during the fourth quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock worth $567,000 after purchasing an additional 642 shares during the period.

ARK Innovation ETF Trading Up 0.3 %

ARK Innovation ETF stock opened at $44.82 on Monday. The firm has a 50-day moving average of $44.63 and a 200-day moving average of $45.89. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52.

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.