ARK Innovation ETF (BATS:ARKK) Trading Up 3% – Here’s What Happened

ARK Innovation ETF (BATS:ARKKGet Free Report) shares shot up 3% during mid-day trading on Tuesday . The company traded as high as $72.24 and last traded at $72.07. Approximately 9,537,411 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 8,587,615 shares. The stock had previously closed at $70.00.

ARK Innovation ETF Price Performance

The firm’s 50 day simple moving average is $77.15 and its two-hundred day simple moving average is $79.82. The firm has a market capitalization of $6.82 billion, a P/E 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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