23,303 Shares in ARK Innovation ETF $ARKK Acquired by Grant Private Wealth Management Inc

Grant Private Wealth Management Inc bought a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,303 shares of the company’s stock, valued at approximately $2,011,000. ARK Innovation ETF comprises 1.2% of Grant Private Wealth Management Inc’s portfolio, making the stock its 17th largest position.

Several other hedge funds have also recently added to or reduced their stakes in ARKK. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of ARK Innovation ETF in the 2nd quarter valued at $28,000. SJS Investment Consulting Inc. lifted its holdings in ARK Innovation ETF by 4,410.0% in the second quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock valued at $32,000 after buying an additional 441 shares during the period. Riggs Asset Managment Co. Inc. boosted its position in ARK Innovation ETF by 1,635.7% during the second quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock valued at $34,000 after acquiring an additional 458 shares during the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in ARK Innovation ETF by 51,200.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock worth $36,000 after acquiring an additional 512 shares during the period. Finally, SVB Wealth LLC bought a new position in shares of ARK Innovation ETF in the 1st quarter worth about $28,000.

ARK Innovation ETF Price Performance

Shares of NYSEARCA:ARKK opened at $80.14 on Wednesday. ARK Innovation ETF has a 1 year low of $38.57 and a 1 year high of $92.65. The business’s 50-day moving average is $82.84 and its 200-day moving average is $77.32. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96.

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.