ARK Innovation ETF $ARKK Shares Bought by Nwam LLC

Nwam LLC grew its position in ARK Innovation ETF (NYSEARCA:ARKK) by 6.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 26,673 shares of the company’s stock after purchasing an additional 1,697 shares during the period. Nwam LLC’s holdings in ARK Innovation ETF were worth $1,894,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Sowell Financial Services LLC purchased a new position in ARK Innovation ETF during the 2nd quarter worth $394,000. IFP Advisors Inc boosted its holdings in ARK Innovation ETF by 2.4% in the first quarter. IFP Advisors Inc now owns 14,192 shares of the company’s stock worth $675,000 after acquiring an additional 334 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in ARK Innovation ETF by 24.0% in the first quarter. Bank of New York Mellon Corp now owns 4,910 shares of the company’s stock worth $234,000 after acquiring an additional 951 shares in the last quarter. Integrity Alliance LLC. purchased a new stake in shares of ARK Innovation ETF during the first quarter worth about $327,000. Finally, Avantax Advisory Services Inc. increased its holdings in shares of ARK Innovation ETF by 8.0% during the first quarter. Avantax Advisory Services Inc. now owns 42,798 shares of the company’s stock valued at $2,036,000 after acquiring an additional 3,183 shares in the last quarter.

ARK Innovation ETF Stock Down 1.0%

Shares of ARK Innovation ETF stock opened at $82.05 on Wednesday. The company has a 50 day moving average price of $84.59 and a 200 day moving average price of $73.04. The firm has a market capitalization of $7.88 billion, a P/E ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 52 week low of $38.57 and a 52 week high of $92.65.

ARK Innovation ETF 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.