Quadrature Capital Ltd Acquires New Holdings in ARK Innovation ETF $ARKK

Quadrature Capital Ltd bought a new position in shares of ARK Innovation ETF (BATS:ARKK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 453,929 shares of the company’s stock, valued at approximately $39,269,000. Quadrature Capital Ltd owned 0.47% of ARK Innovation ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ARKK. Caitlin John LLC purchased a new position in shares of ARK Innovation ETF during the 3rd quarter valued at $27,000. Addison Advisors LLC bought a new position in shares of ARK Innovation ETF in the third quarter worth $28,000. New Millennium Group LLC purchased a new stake in shares of ARK Innovation ETF in the third quarter worth $31,000. Riggs Asset Managment Co. Inc. raised its position in shares of ARK Innovation ETF by 1,635.7% in the second quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after buying an additional 458 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in ARK Innovation ETF by 85.0% during the third quarter. Russell Investments Group Ltd. now owns 418 shares of the company’s stock valued at $36,000 after buying an additional 192 shares during the period.

ARK Innovation ETF Stock Down 3.3%

ARK Innovation ETF stock opened at $70.64 on Friday. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92. The business has a 50-day simple moving average of $75.68 and a 200 day simple moving average of $79.57. ARK Innovation ETF has a 52 week low of $38.57 and a 52 week high of $92.65.

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 issued by ARK.