DRW Securities LLC Acquires 6,235 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

DRW Securities LLC increased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 33.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 24,973 shares of the company’s stock after acquiring an additional 6,235 shares during the quarter. DRW Securities LLC’s holdings in ARK Innovation ETF were worth $1,187,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new stake in ARK Innovation ETF during the 2nd quarter worth approximately $26,000. Global Trust Asset Management LLC lifted its position in shares of ARK Innovation ETF by 550.0% in 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 period. Hershey Financial Advisers LLC acquired a new position in shares of ARK Innovation ETF in the 2nd quarter worth approximately $32,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Innovation ETF in the 2nd quarter worth approximately $34,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of ARK Innovation ETF in the 2nd quarter worth approximately $37,000.

ARK Innovation ETF Stock Performance

Shares of NYSEARCA ARKK opened at $57.03 on Tuesday. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $58.38. The company’s 50 day moving average price is $49.25 and its 200-day moving average price is $46.09.

ARK Innovation ETF Company 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 managed by ARK.