ARK Innovation ETF $ARKK Shares Bought by BIP Wealth LLC

BIP Wealth LLC raised its position in ARK Innovation ETF (BATS:ARKK) by 243.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,704 shares of the company’s stock after acquiring an additional 10,426 shares during the quarter. BIP Wealth LLC’s holdings in ARK Innovation ETF were worth $1,131,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Caitlin John LLC acquired a new position in ARK Innovation ETF in the 3rd quarter valued at about $27,000. Addison Advisors LLC acquired a new position in ARK Innovation ETF in the 3rd quarter valued at about $28,000. New Millennium Group LLC acquired a new position in ARK Innovation ETF in the 3rd quarter valued at about $31,000. Wealth Watch Advisors INC acquired a new position in shares of ARK Innovation ETF during the third quarter worth about $32,000. Finally, Russell Investments Group Ltd. grew its position in shares of ARK Innovation ETF by 85.0% during the third quarter. Russell Investments Group Ltd. now owns 418 shares of the company’s stock worth $36,000 after buying an additional 192 shares in the last quarter.

ARK Innovation ETF Stock Performance

Shares of ARK Innovation ETF stock opened at $70.36 on Thursday. ARK Innovation ETF has a one year low of $40.44 and a one year high of $92.65. The company has a market cap of $6.66 billion, a PE ratio of 50.14 and a beta of 1.92. The business has a 50-day simple moving average of $71.21 and a 200-day simple moving average of $78.54.

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.