3,948 Shares in ARK Innovation ETF (NYSEARCA:ARKK) Bought by SFG Wealth Management LLC.

SFG Wealth Management LLC. acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,948 shares of the company’s stock, valued at approximately $224,000.

Several other institutional investors have also modified their holdings of ARKK. Global Trust Asset Management LLC raised its position in shares of ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares during the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of ARK Innovation ETF during the second quarter valued at approximately $32,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ARK Innovation ETF in the second quarter valued at approximately $34,000. Brown Brothers Harriman & Co. acquired a new stake in shares of ARK Innovation ETF in the third quarter worth approximately $76,000. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of ARK Innovation ETF during the third quarter worth approximately $86,000.

ARK Innovation ETF Stock Performance

Shares of ARKK stock opened at $59.61 on Monday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $63.44. The stock’s fifty day moving average is $58.52 and its two-hundred day moving average is $50.26.

About ARK Innovation ETF

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.