WealthShield Partners LLC Purchases Shares of 3,571 ARK Innovation ETF (NYSEARCA:ARKK)

WealthShield Partners LLC bought a new position in ARK Innovation ETF (NYSEARCA:ARKK) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 3,571 shares of the company’s stock, valued at approximately $203,000.

A number of other large investors have also recently made changes to their positions in the business. Total Investment Management Inc. increased its holdings in shares of ARK Innovation ETF by 16.9% in the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after buying an additional 193,251 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth about $514,000. Ascension Capital Advisors Inc. increased its holdings in shares of ARK Innovation ETF by 32.0% in the 3rd quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock worth $16,930,000 after buying an additional 86,382 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of ARK Innovation ETF in the 3rd quarter worth about $6,545,000. Finally, SG Americas Securities LLC increased its holdings in shares of ARK Innovation ETF by 4.8% in the 4th quarter. SG Americas Securities LLC now owns 112,267 shares of the company’s stock worth $6,373,000 after buying an additional 5,191 shares during the last quarter.

ARK Innovation ETF Stock Down 5.2 %

ARK Innovation ETF stock opened at $56.00 on Wednesday. The company’s 50-day moving average price is $60.82 and its 200-day moving average price is $53.61. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $68.43. The company has a market cap of $5.83 billion, a PE ratio of 46.93 and a beta of 1.76.

ARK Innovation ETF Company 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.