ARK Innovation ETF (NYSEARCA:ARKK) Shares Purchased by Claro Advisors LLC

Claro Advisors LLC boosted its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 1,588.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,266 shares of the company’s stock after purchasing an additional 115,964 shares during the quarter. Claro Advisors LLC owned approximately 0.08% of ARK Innovation ETF worth $5,859,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC raised its holdings in shares of ARK Innovation ETF by 3,969.2% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock worth $62,559,000 after purchasing an additional 1,357,875 shares during the period. Total Investment Management Inc. raised its holdings in shares of ARK Innovation ETF by 8,939.1% in the 1st quarter. Total Investment Management Inc. now owns 1,130,159 shares of the company’s stock worth $56,598,000 after purchasing an additional 1,117,656 shares during the period. D. E. Shaw & Co. Inc. raised its holdings in shares of ARK Innovation ETF by 120.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock worth $62,177,000 after purchasing an additional 774,315 shares during the period. McCarthy & Cox purchased a new position in shares of ARK Innovation ETF in the 1st quarter worth about $16,409,000. Finally, Global Assets Advisory LLC purchased a new position in shares of ARK Innovation ETF in the 1st quarter worth about $15,603,000.

ARK Innovation ETF Price Performance

Shares of ARKK stock traded up $0.74 during trading hours on Friday, reaching $47.78. The company had a trading volume of 904,753 shares, compared to its average volume of 10,362,269. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52. The stock’s fifty day simple moving average is $45.27 and its 200 day simple moving average is $44.95.

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.