C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes Position in ARK Innovation ETF $ARKK

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in ARK Innovation ETF (BATS:ARKK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,308 shares of the company’s stock, valued at approximately $562,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Caitlin John LLC purchased a new stake in ARK Innovation ETF during the third quarter valued at approximately $27,000. Addison Advisors LLC purchased a new position in shares of ARK Innovation ETF during the 3rd quarter worth $28,000. New Millennium Group LLC purchased a new position in shares of ARK Innovation ETF during the 3rd quarter worth $31,000. Wealth Watch Advisors INC bought a new stake in shares of ARK Innovation ETF during the 3rd quarter valued at $32,000. Finally, Riggs Asset Managment Co. Inc. grew its position in shares of ARK Innovation ETF by 1,635.7% during the 2nd 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 period.

ARK Innovation ETF Price Performance

ARKK opened at $68.56 on Friday. ARK Innovation ETF has a 1-year low of $38.57 and a 1-year high of $92.65. The company has a 50 day simple moving average of $71.86 and a two-hundred day simple moving average of $78.80. The firm has a market cap of $6.49 billion, a P/E ratio of 50.14 and a beta of 1.92.

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 issued by ARK.