ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Trading 0.6% Higher – What’s Next?

ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)’s stock price rose 0.6% on Thursday . The stock traded as high as $80.67 and last traded at $77.97. Approximately 133,914 shares changed hands during trading, an increase of 18% from the average daily volume of 113,521 shares. The stock had previously closed at $77.54.

ARK Autonomous Technology & Robotics ETF Stock Performance

The company has a 50 day simple moving average of $69.51 and a two-hundred day simple moving average of $73.94. The company has a market cap of $955.14 million, a PE ratio of 27.93 and a beta of 1.40.

Institutional Investors Weigh In On ARK Autonomous Technology & Robotics ETF

A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in shares of ARK Autonomous Technology & Robotics ETF by 10.3% during the third quarter. JPMorgan Chase & Co. now owns 24,715 shares of the company’s stock worth $1,506,000 after buying an additional 2,313 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in ARK Autonomous Technology & Robotics ETF by 467.9% in the fourth quarter. Farther Finance Advisors LLC now owns 3,152 shares of the company’s stock valued at $243,000 after acquiring an additional 2,597 shares during the last quarter. Marshall Investment Management LLC bought a new position in ARK Autonomous Technology & Robotics ETF in the fourth quarter valued at about $62,000. Harvest Fund Management Co. Ltd boosted its holdings in ARK Autonomous Technology & Robotics ETF by 1,391.6% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 1,954 shares of the company’s stock worth $151,000 after buying an additional 1,823 shares during the last quarter. Finally, Advisors Preferred LLC bought a new position in ARK Autonomous Technology & Robotics ETF during the fourth quarter worth about $146,000.

ARK Autonomous Technology & Robotics ETF Company Profile

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.