37,452 Shares in ARK Innovation ETF $ARKK Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC purchased a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 37,452 shares of the company’s stock, valued at approximately $2,633,000.

Several other large investors have also modified their holdings of ARKK. Orion Porfolio Solutions LLC grew its position in shares of ARK Innovation ETF by 8,291.5% during the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock worth $113,120,000 after acquiring an additional 1,590,149 shares during the last quarter. Mission Wealth Management LP boosted its stake in ARK Innovation ETF by 3.1% during the 2nd quarter. Mission Wealth Management LP now owns 326,428 shares of the company’s stock worth $22,945,000 after purchasing an additional 9,829 shares during the period. Venture Visionary Partners LLC grew its position in ARK Innovation ETF by 2.6% during the 2nd quarter. Venture Visionary Partners LLC now owns 284,547 shares of the company’s stock worth $20,001,000 after purchasing an additional 7,145 shares during the last quarter. Clear Street LLC purchased a new position in ARK Innovation ETF during the 2nd quarter worth $19,718,000. Finally, Ardmore Road Asset Management LP purchased a new stake in shares of ARK Innovation ETF in the first quarter valued at about $12,847,000.

ARK Innovation ETF Stock Performance

Shares of ARKK opened at $79.21 on Tuesday. ARK Innovation ETF has a fifty-two week low of $38.57 and a fifty-two week high of $92.65. The firm has a 50-day simple moving average of $83.02 and a 200-day simple moving average of $77.15. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96.

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.