ARK Innovation ETF (BATS:ARKK) Trading Up 3.6% – Still a Buy?

ARK Innovation ETF (BATS:ARKKGet Free Report)’s share price was up 3.6% during mid-day trading on Friday . The company traded as high as $78.31 and last traded at $78.30. Approximately 13,324,940 shares changed hands during trading, The stock had previously closed at $75.56.

ARK Innovation ETF Trading Up 0.3%

The business has a fifty day moving average of $75.02. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92.

About ARK Innovation ETF

(Get Free Report)

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 issued by ARK.

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