Integral Investment Advisors Inc. Boosts Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Integral Investment Advisors Inc. grew its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 14.5% during the second quarter, HoldingsChannel.com reports. The firm owned 81,393 shares of the company’s stock after acquiring an additional 10,292 shares during the quarter. ARK Innovation ETF makes up about 1.3% of Integral Investment Advisors Inc.’s holdings, making the stock its 18th biggest holding. Integral Investment Advisors Inc.’s holdings in ARK Innovation ETF were worth $3,582,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Granite Bay Wealth Management LLC increased its stake in 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 buying an additional 1,357,875 shares during the period. Total Investment Management Inc. raised its position in ARK Innovation ETF by 8,939.1% during the 1st quarter. Total Investment Management Inc. now owns 1,130,159 shares of the company’s stock valued at $56,598,000 after purchasing an additional 1,117,656 shares in the last quarter. McCarthy & Cox purchased a new stake in shares of ARK Innovation ETF in the 1st quarter worth $16,409,000. Global Assets Advisory LLC purchased a new position in shares of ARK Innovation ETF during the first quarter valued at $15,603,000. Finally, Gerber LLC purchased a new stake in ARK Innovation ETF in the fourth quarter worth about $11,271,000.

ARK Innovation ETF Price Performance

Shares of ARKK traded up $0.14 during mid-day trading on Friday, hitting $44.82. The company’s stock had a trading volume of 6,622,000 shares, compared to its average volume of 11,372,298. The company’s 50-day moving average is $44.63 and its 200-day moving average is $45.91. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52.

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.