One Charles Private Wealth Services LLC increased its holdings in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,800 shares of the company’s stock after buying an additional 7,010 shares during the period. ARK Innovation ETF accounts for 2.3% of One Charles Private Wealth Services LLC’s holdings, making the stock its 10th largest position. One Charles Private Wealth Services LLC’s holdings in ARK Innovation ETF were worth $6,971,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. Kestra Investment Management LLC bought a new position in ARK Innovation ETF during the 4th quarter worth $68,000. Brown Brothers Harriman & Co. bought a new position in shares of ARK Innovation ETF in the third quarter worth $76,000. Hobbs Group Advisors LLC acquired a new position in ARK Innovation ETF in the third quarter valued at about $86,000. Mainstream Capital Management LLC bought a new stake in ARK Innovation ETF during the fourth quarter worth about $99,000. Finally, Bank of Jackson Hole Trust acquired a new stake in ARK Innovation ETF during the fourth quarter worth about $114,000.
ARK Innovation ETF Trading Down 0.1 %
Shares of NYSEARCA:ARKK opened at $50.02 on Friday. The firm has a 50 day moving average of $58.21 and a 200-day moving average of $54.32. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $68.43. The stock has a market capitalization of $5.49 billion, a PE ratio of 41.12 and a beta of 1.89.
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.
Featured Stories
- Five stocks we like better than ARK Innovation ETF
- Why Invest in 5G? How to Invest in 5G Stocks
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- Energy and Oil Stocks Explained
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- Insider Trades May Not Tell You What You Think
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (NYSEARCA:ARKK – Free Report).
Receive News & Ratings for ARK Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
