Elevation Point Wealth Partners LLC Has $5.09 Million Stock Holdings in ARK Innovation ETF $ARKK

Elevation Point Wealth Partners LLC lessened its position in shares of ARK Innovation ETF (BATS:ARKK) by 27.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,940 shares of the company’s stock after selling 21,917 shares during the quarter. Elevation Point Wealth Partners LLC owned about 0.06% of ARK Innovation ETF worth $5,086,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in ARK Innovation ETF by 51.4% in the third quarter. JPMorgan Chase & Co. now owns 3,886,920 shares of the company’s stock valued at $335,441,000 after acquiring an additional 1,320,420 shares during the last quarter. Orion Porfolio Solutions LLC lifted its stake in shares of ARK Innovation ETF by 8,291.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock valued at $113,120,000 after purchasing an additional 1,590,149 shares during the period. Quadrature Capital Ltd acquired a new position in shares of ARK Innovation ETF in the 3rd quarter valued at $39,269,000. Commonwealth Equity Services LLC boosted its position in shares of ARK Innovation ETF by 17.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 413,265 shares of the company’s stock worth $35,665,000 after purchasing an additional 60,451 shares during the last quarter. Finally, Venture Visionary Partners LLC grew its stake in shares of ARK Innovation ETF by 0.9% during the third quarter. Venture Visionary Partners LLC now owns 287,094 shares of the company’s stock worth $24,776,000 after purchasing an additional 2,547 shares during the period.

ARK Innovation ETF Price Performance

Shares of ARKK stock opened at $70.25 on Friday. The stock has a 50-day moving average of $75.55 and a 200-day moving average of $79.55. The stock has a market cap of $6.65 billion, a PE ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a one year low of $38.57 and a one year high of $92.65.

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 issued by ARK.