ARK Autonomous Technology & Robotics ETF (NYSEARCA:ARKQ) Trading 2.5% Higher

ARK Autonomous Technology & Robotics ETF (NYSEARCA:ARKQ – Get Rating) shares traded up 2.5% on Monday . The stock traded as high as $49.65 and last traded at $49.52. 137,646 shares changed hands during mid-day trading, an increase of 68% from the average session volume of 81,930 shares. The stock had previously closed at $48.29.

ARK Autonomous Technology & Robotics ETF Trading Up 2.5 %

The company has a market capitalization of $930.98 million, a P/E ratio of 20.17 and a beta of 1.30. The company’s fifty day moving average is $47.29 and its 200 day moving average is $46.24.

Hedge Funds Weigh In On ARK Autonomous Technology & Robotics ETF

Several hedge funds have recently made changes to their positions in ARKQ. BNP Paribas Arbitrage SA raised its position in shares of ARK Autonomous Technology & Robotics ETF by 606.7% in the first quarter. BNP Paribas Arbitrage SA now owns 1,060 shares of the company’s stock worth $72,000 after buying an additional 910 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in ARK Autonomous Technology & Robotics ETF by 17.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,092 shares of the company’s stock worth $94,000 after acquiring an additional 315 shares during the last quarter. Captrust Financial Advisors lifted its holdings in ARK Autonomous Technology & Robotics ETF by 18.5% in the 3rd quarter. Captrust Financial Advisors now owns 4,647 shares of the company’s stock worth $209,000 after buying an additional 724 shares during the period. Janney Montgomery Scott LLC purchased a new stake in ARK Autonomous Technology & Robotics ETF in the first quarter worth $261,000. Finally, United Capital Financial Advisers LLC boosted its holdings in ARK Autonomous Technology & Robotics ETF by 29.6% in the first quarter. United Capital Financial Advisers LLC now owns 4,618 shares of the company’s stock valued at $312,000 after acquiring an additional 1,056 shares in the last quarter.

About ARK Autonomous Technology & Robotics ETF

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The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.