Advyzon Investment Management LLC Takes Position in ARK Innovation ETF (NYSEARCA:ARKK)

Advyzon Investment Management LLC acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,001 shares of the company’s stock, valued at approximately $568,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Apollon Wealth Management LLC increased its holdings in ARK Innovation ETF by 52.8% in the 4th quarter. Apollon Wealth Management LLC now owns 6,705 shares of the company’s stock worth $381,000 after buying an additional 2,316 shares during the period. Caprock Group LLC acquired a new position in ARK Innovation ETF in the 4th quarter worth approximately $293,000. SFG Wealth Management LLC. acquired a new position in ARK Innovation ETF in the 4th quarter worth approximately $224,000. Barclays PLC increased its holdings in ARK Innovation ETF by 100.6% in the 3rd quarter. Barclays PLC now owns 65,166 shares of the company’s stock worth $3,098,000 after buying an additional 32,679 shares during the period. Finally, Empowered Funds LLC acquired a new position in ARK Innovation ETF in the 4th quarter worth approximately $1,149,000.

ARK Innovation ETF Trading Down 1.2 %

Shares of NYSEARCA:ARKK opened at $65.71 on Thursday. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $68.43. The company’s 50 day moving average is $60.92 and its 200 day moving average is $52.89.

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.