ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Trading Down 1.7% – What’s Next?

Shares of ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) dropped 1.7% during mid-day trading on Wednesday . The stock traded as low as $76.96 and last traded at $77.25. Approximately 133,598 shares traded hands during mid-day trading, The stock had previously closed at $78.55.

ARK Autonomous Technology & Robotics ETF Stock Performance

The firm has a market cap of $1.22 billion, a P/E ratio of 28.71 and a beta of 1.56. The stock’s 50-day moving average is $73.11 and its 200 day moving average is $62.66.

Institutional Trading of ARK Autonomous Technology & Robotics ETF

Large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC raised its stake in shares of ARK Autonomous Technology & Robotics ETF by 56.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 555 shares of the company’s stock valued at $34,000 after purchasing an additional 200 shares during the period. Fairscale Capital LLC acquired a new position in shares of ARK Autonomous Technology & Robotics ETF during the 2nd quarter worth about $122,000. Heritage Wealth Management Inc. acquired a new stake in shares of ARK Autonomous Technology & Robotics ETF in the second quarter valued at about $215,000. Strategic Blueprint LLC bought a new stake in ARK Autonomous Technology & Robotics ETF during the third quarter worth about $228,000. Finally, Highline Wealth Partners LLC bought a new stake in ARK Autonomous Technology & Robotics ETF during the third quarter worth about $421,000.

About ARK Autonomous Technology & Robotics ETF

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.