ARK Autonomous Technology & Robotics ETF (BATS:ARKQ – Get Free Report) shot up 0.5% during mid-day trading on Wednesday . The stock traded as high as $129.90 and last traded at $128.93. 88,991 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 217,651 shares. The stock had previously closed at $128.30.
ARK Autonomous Technology & Robotics ETF Stock Performance
The firm has a market cap of $1.60 billion, a P/E ratio of 32.86 and a beta of 1.40. The stock’s 50 day simple moving average is $124.51 and its 200 day simple moving average is $125.18.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. raised its holdings in shares of ARK Autonomous Technology & Robotics ETF by 258.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 538 shares of the company’s stock worth $60,000 after acquiring an additional 388 shares during the last quarter. FWL Investment Management LLC acquired a new position in ARK Autonomous Technology & Robotics ETF during the 2nd quarter valued at about $61,000. Atlas Wealth LLC acquired a new position in ARK Autonomous Technology & Robotics ETF during the 1st quarter valued at about $76,000. Triumph Capital Management acquired a new position in ARK Autonomous Technology & Robotics ETF during the 3rd quarter valued at about $127,000. Finally, Valeo Financial Advisors LLC bought a new stake in ARK Autonomous Technology & Robotics ETF during the 2nd quarter worth approximately $202,000.
About ARK Autonomous Technology & Robotics ETF
The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements. ARKQ was launched on Sep 30, 2014 and is managed by ARK.
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