Kathleen S. Wright Associates Inc. Buys New Stake in ARK Innovation ETF (NYSEARCA:ARKK)

Kathleen S. Wright Associates Inc. bought a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,325 shares of the company’s stock, valued at approximately $116,000.

Several other large investors have also recently added to or reduced their stakes in ARKK. Jones Financial Companies Lllp acquired a new stake in ARK Innovation ETF in the 4th quarter valued at approximately $26,000. GoalVest Advisory LLC increased its position in shares of ARK Innovation ETF by 124.8% during the 1st quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after purchasing an additional 372 shares during the period. Headinvest LLC acquired a new position in shares of ARK Innovation ETF during the 3rd quarter valued at $37,000. Mather Group LLC. acquired a new position in shares of ARK Innovation ETF during the 1st quarter valued at $38,000. Finally, Fortitude Family Office LLC acquired a new position in shares of ARK Innovation ETF during the 4th quarter valued at $58,000.

ARK Innovation ETF Stock Down 0.1 %

Shares of ARKK stock traded down $0.06 during mid-day trading on Friday, hitting $43.95. 9,033,316 shares of the stock traded hands, compared to its average volume of 12,516,010. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52. The company’s 50-day simple moving average is $44.15 and its 200-day simple moving average is $47.26.

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.