Retirement Guys Formula LLC Acquires Shares of 14,969 ARK Innovation ETF $ARKK

Retirement Guys Formula LLC acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the second quarter, HoldingsChannel reports. The fund acquired 14,969 shares of the company’s stock, valued at approximately $1,052,000.

Other hedge funds have also recently bought and sold shares of the company. SVB Wealth LLC acquired a new stake in shares of ARK Innovation ETF during the first quarter worth approximately $28,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of ARK Innovation ETF during the second quarter worth approximately $28,000. SJS Investment Consulting Inc. grew its position in shares of ARK Innovation ETF by 4,410.0% during the second quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock worth $32,000 after buying an additional 441 shares in the last quarter. GoalVest Advisory LLC grew its holdings in ARK Innovation ETF by 48.4% during the 1st quarter. GoalVest Advisory LLC now owns 920 shares of the company’s stock worth $44,000 after acquiring an additional 300 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in ARK Innovation ETF during the 1st quarter worth $44,000.

ARK Innovation ETF Price Performance

Shares of ARKK stock opened at $83.46 on Thursday. The firm has a market cap of $8.08 billion, a P/E ratio of 50.14 and a beta of 1.64. ARK Innovation ETF has a 1-year low of $38.57 and a 1-year high of $85.55. The firm has a fifty day moving average of $76.77 and a two-hundred day moving average of $63.26.

About ARK Innovation ETF

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.