ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Hits New 52-Week High – Here’s What Happened

Shares of ARK Autonomous Technology & Robotics ETF (BATS:ARKQGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $140.16 and last traded at $139.64, with a volume of 39304 shares trading hands. The stock had previously closed at $136.25.

ARK Autonomous Technology & Robotics ETF Stock Up 3.1%

The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 32.86 and a beta of 1.40. The business has a 50 day moving average price of $124.63 and a 200-day moving average price of $121.25.

Institutional Investors Weigh In On ARK Autonomous Technology & Robotics ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its stake in ARK Autonomous Technology & Robotics ETF by 24.7% during the 4th quarter. Russell Investments Group Ltd. now owns 671 shares of the company’s stock worth $77,000 after buying an additional 133 shares during the period. Arkadios Wealth Advisors grew its stake in ARK Autonomous Technology & Robotics ETF by 6.7% during the 4th quarter. Arkadios Wealth Advisors now owns 2,122 shares of the company’s stock valued at $243,000 after purchasing an additional 134 shares in the last quarter. Crescent Grove Advisors LLC grew its stake in ARK Autonomous Technology & Robotics ETF by 1.3% during the 4th quarter. Crescent Grove Advisors LLC now owns 13,263 shares of the company’s stock valued at $1,521,000 after purchasing an additional 175 shares in the last quarter. Bessemer Group Inc. grew its stake in ARK Autonomous Technology & Robotics ETF by 2,333.3% during the 3rd quarter. Bessemer Group Inc. now owns 292 shares of the company’s stock valued at $32,000 after purchasing an additional 280 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in ARK Autonomous Technology & Robotics ETF during the 3rd quarter worth $37,000.

About ARK Autonomous Technology & Robotics ETF

(Get Free Report)

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. ARKQ was launched on Sep 30, 2014 and is managed by ARK.

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