Prospera Financial Services Inc Raises Stock Position in ARK Innovation ETF $ARKK

Prospera Financial Services Inc grew its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 30.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,204 shares of the company’s stock after buying an additional 3,588 shares during the quarter. Prospera Financial Services Inc’s holdings in ARK Innovation ETF were worth $1,070,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ARKK. JPMorgan Chase & Co. increased its stake in ARK Innovation ETF by 57.6% during the first quarter. JPMorgan Chase & Co. now owns 3,890,615 shares of the company’s stock worth $185,115,000 after acquiring an additional 1,422,495 shares during the last quarter. Ascension Capital Advisors Inc. increased its position in shares of ARK Innovation ETF by 0.3% during the 1st quarter. Ascension Capital Advisors Inc. now owns 375,005 shares of the company’s stock valued at $17,843,000 after purchasing an additional 1,047 shares during the last quarter. Mission Wealth Management LP increased its position in shares of ARK Innovation ETF by 3.1% during the 2nd quarter. Mission Wealth Management LP now owns 326,428 shares of the company’s stock valued at $22,945,000 after purchasing an additional 9,829 shares during the last quarter. Venture Visionary Partners LLC raised its holdings in ARK Innovation ETF by 2.6% during the 2nd quarter. Venture Visionary Partners LLC now owns 284,547 shares of the company’s stock valued at $20,001,000 after buying an additional 7,145 shares during the period. Finally, Ardmore Road Asset Management LP purchased a new stake in ARK Innovation ETF during the 1st quarter valued at $12,847,000.

ARK Innovation ETF Stock Down 0.8%

Shares of ARKK opened at $81.36 on Thursday. The business has a fifty day moving average of $84.72 and a 200 day moving average of $73.10. The company has a market cap of $7.81 billion, a PE ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 52-week low of $38.57 and a 52-week high of $92.65.

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.