ARK Innovation ETF $ARKK Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 342.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,696 shares of the company’s stock after buying an additional 53,165 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.07% of ARK Innovation ETF worth $5,928,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ARKK. Golden State Wealth Management LLC raised its stake in ARK Innovation ETF by 3.2% in the 3rd quarter. Golden State Wealth Management LLC now owns 3,701 shares of the company’s stock worth $319,000 after acquiring an additional 116 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of ARK Innovation ETF by 3.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,272 shares of the company’s stock valued at $369,000 after purchasing an additional 139 shares during the period. Evolution Wealth Advisors LLC raised its stake in shares of ARK Innovation ETF by 1.0% in the third quarter. Evolution Wealth Advisors LLC now owns 14,741 shares of the company’s stock worth $1,272,000 after purchasing an additional 153 shares during the last quarter. Optivise Advisory Services LLC lifted its holdings in shares of ARK Innovation ETF by 3.5% during the third quarter. Optivise Advisory Services LLC now owns 4,523 shares of the company’s stock worth $390,000 after purchasing an additional 155 shares during the period. Finally, Money Concepts Capital Corp boosted its position in ARK Innovation ETF by 0.7% in the third quarter. Money Concepts Capital Corp now owns 25,496 shares of the company’s stock valued at $2,200,000 after buying an additional 185 shares during the last quarter.

ARK Innovation ETF Trading Down 3.4%

Shares of NYSEARCA:ARKK opened at $68.45 on Friday. ARK Innovation ETF has a twelve month low of $38.57 and a twelve month high of $92.65. The company has a market cap of $6.28 billion, a PE ratio of 50.14 and a beta of 1.96. The company’s 50 day moving average is $78.62 and its 200 day moving average is $79.90.

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.