Jones Financial Companies Lllp Purchases 19,031 Shares of ARK Innovation ETF $ARKK

Jones Financial Companies Lllp lifted its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 34.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,055 shares of the company’s stock after purchasing an additional 19,031 shares during the quarter. Jones Financial Companies Lllp owned 0.08% of ARK Innovation ETF worth $6,154,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Orion Porfolio Solutions LLC raised its holdings in ARK Innovation ETF by 8,291.5% during the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock worth $113,120,000 after buying an additional 1,590,149 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of ARK Innovation ETF by 17.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 413,265 shares of the company’s stock worth $35,665,000 after acquiring an additional 60,451 shares during the last quarter. Mission Wealth Management LP lifted its position in ARK Innovation ETF by 3.1% in the 2nd quarter. Mission Wealth Management LP now owns 326,428 shares of the company’s stock valued at $22,945,000 after acquiring an additional 9,829 shares in the last quarter. Venture Visionary Partners LLC lifted its position in ARK Innovation ETF by 0.9% in the 3rd quarter. Venture Visionary Partners LLC now owns 287,094 shares of the company’s stock valued at $24,776,000 after acquiring an additional 2,547 shares in the last quarter. Finally, Clear Street LLC acquired a new position in ARK Innovation ETF during the 2nd quarter valued at about $19,718,000.

ARK Innovation ETF Stock Performance

Shares of ARKK opened at $66.33 on Friday. The firm has a market capitalization of $6.08 billion, a P/E ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 52 week low of $38.57 and a 52 week high of $92.65. The stock has a 50 day moving average price of $79.51 and a two-hundred day moving average price of $80.10.

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.