Tradr 2X Long Innovation ETF (NASDAQ:TARK) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Tradr 2X Long Innovation ETF (NASDAQ:TARK) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $68.70 and traded as high as $93.50. Tradr 2X Long Innovation ETF shares last traded at $90.22, with a volume of 53,905 shares.

Tradr 2X Long Innovation ETF Stock Up 2.9 %

The company’s fifty day moving average is $68.70 and its two-hundred day moving average is $62.72.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Tradr 2X Long Innovation ETF stock. Western Pacific Wealth Management LP bought a new stake in Tradr 2X Long Innovation ETF (NASDAQ:TARK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 950 shares of the company’s stock, valued at approximately $62,000. Western Pacific Wealth Management LP owned 0.10% of Tradr 2X Long Innovation ETF at the end of the most recent quarter.

Tradr 2X Long Innovation ETF Company Profile

The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.