Patriot Financial Group Insurance Agency LLC Increases Position in ARK Innovation ETF (NYSEARCA:ARKK)

Patriot Financial Group Insurance Agency LLC lifted its position in ARK Innovation ETF (NYSEARCA:ARKK) by 23.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,881 shares of the company’s stock after purchasing an additional 5,291 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in ARK Innovation ETF were worth $1,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley lifted its position in ARK Innovation ETF by 5.1% during the third quarter. Morgan Stanley now owns 9,524,089 shares of the company’s stock valued at $377,821,000 after purchasing an additional 460,104 shares during the last quarter. Moneta Group Investment Advisors LLC increased its position in ARK Innovation ETF by 86,013.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 9,038,508 shares of the company’s stock valued at $282,363,000 after purchasing an additional 9,028,012 shares during the period. SHANDA ASSET MANAGEMENT HOLDINGS Ltd increased its position in ARK Innovation ETF by 13.7% during the 4th quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd now owns 8,052,500 shares of the company’s stock valued at $251,560,000 after purchasing an additional 969,400 shares during the period. Jane Street Group LLC grew its position in shares of ARK Innovation ETF by 298.6% in the 1st quarter. Jane Street Group LLC now owns 6,163,775 shares of the company’s stock worth $248,647,000 after buying an additional 4,617,445 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of ARK Innovation ETF by 2.5% in the 3rd quarter. LPL Financial LLC now owns 3,631,858 shares of the company’s stock worth $144,076,000 after buying an additional 89,000 shares during the last quarter.

ARK Innovation ETF Stock Down 0.1 %

Shares of ARK Innovation ETF stock traded down $0.03 on Friday, reaching $50.08. The stock had a trading volume of 8,248,920 shares, compared to its average volume of 14,888,991. The company has a 50 day moving average price of $48.99 and a 200 day moving average price of $45.64. ARK Innovation ETF has a 1 year low of $33.76 and a 1 year high of $54.52.

ARK Innovation ETF 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.