Advyzon Investment Management LLC Invests $568,000 in ARK Innovation ETF (NYSEARCA:ARKK)

Advyzon Investment Management LLC acquired a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,001 shares of the company’s stock, valued at approximately $568,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ARKK. International Assets Investment Management LLC grew its stake in shares of ARK Innovation ETF by 5,773.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after purchasing an additional 1,562,287 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of ARK Innovation ETF during the 4th quarter valued at approximately $514,000. Total Investment Management Inc. lifted its position in shares of ARK Innovation ETF by 16.9% during the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after buying an additional 193,251 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of ARK Innovation ETF during the 3rd quarter valued at approximately $6,545,000. Finally, Ascension Capital Advisors Inc. lifted its position in shares of ARK Innovation ETF by 32.0% during the 3rd quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after buying an additional 86,382 shares in the last quarter.

ARK Innovation ETF Trading Down 1.2 %

Shares of NYSEARCA:ARKK opened at $65.71 on Thursday. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $68.43. The business’s 50 day moving average price is $60.92 and its 200-day moving average price is $52.89.

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.