Envestnet Asset Management Inc. Boosts Stake in ARK Innovation ETF (NYSEARCA:ARKK)


Envestnet Asset Management Inc. grew its position in shares of ARK Innovation ETF (NYSEARCA:ARKK – Get Rating) by 11.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 390,430 shares of the company’s stock after acquiring an additional 40,330 shares during the period. Envestnet Asset Management Inc.’s holdings in ARK Innovation ETF were worth $25,882,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Procyon Advisors LLC increased its holdings in shares of ARK Innovation ETF by 36.7% during the 1st quarter. Procyon Advisors LLC now owns 6,553 shares of the company’s stock worth $434,000 after acquiring an additional 1,759 shares during the period. Viewpoint Capital Management LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth approximately $202,000. Marathon Trading Investment Management LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth approximately $444,000. Arkadios Wealth Advisors boosted its position in shares of ARK Innovation ETF by 66.1% in the 1st quarter. Arkadios Wealth Advisors now owns 20,007 shares of the company’s stock worth $1,326,000 after purchasing an additional 7,964 shares in the last quarter. Finally, Guerra Pan Advisors LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth approximately $216,000.

ARK Innovation ETF Price Performance

Shares of ARKK opened at $45.69 on Tuesday. The business’s 50 day moving average price is $43.28 and its 200-day moving average price is $54.99. ARK Innovation ETF has a 52 week low of $35.10 and a 52 week high of $126.32.

See Also

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)



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