Nwam LLC Makes New $1.26 Million Investment in ARK Innovation ETF (NYSEARCA:ARKK)

Nwam LLC purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the third quarter, HoldingsChannel.com reports. The firm purchased 26,527 shares of the company’s stock, valued at approximately $1,261,000.

Other large investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of ARK Innovation ETF in the 2nd quarter valued at $26,000. Global Trust Asset Management LLC lifted its stake in shares of ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares during the period. Hershey Financial Advisers LLC acquired a new position in shares of ARK Innovation ETF in the 2nd quarter valued at $32,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Innovation ETF in the 2nd quarter valued at $34,000. Finally, Consultiva Wealth Management CORP. acquired a new position in shares of ARK Innovation ETF in the 1st quarter valued at $42,000.

ARK Innovation ETF Price Performance

ARKK stock opened at $56.21 on Friday. The business’s fifty day moving average is $49.03 and its 200-day moving average is $45.98. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $58.38.

ARK Innovation ETF Profile

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.