SG Americas Securities LLC Has $6.37 Million Stake in ARK Innovation ETF (NYSEARCA:ARKK)

SG Americas Securities LLC lifted its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 4.8% during the fourth quarter, Holdings Channel reports. The fund owned 112,267 shares of the company’s stock after buying an additional 5,191 shares during the quarter. SG Americas Securities LLC’s holdings in ARK Innovation ETF were worth $6,373,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Trust Asset Management LLC increased its stake in ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of ARK Innovation ETF during the second quarter valued at about $32,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of ARK Innovation ETF during the second quarter worth about $34,000. Brown Brothers Harriman & Co. acquired a new stake in shares of ARK Innovation ETF in the 3rd quarter worth about $76,000. Finally, Hobbs Group Advisors LLC bought a new position in ARK Innovation ETF in the 3rd quarter valued at about $86,000.

ARK Innovation ETF Price Performance

Shares of ARKK opened at $62.33 on Friday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $63.61. The stock has a 50 day moving average price of $58.95 and a two-hundred day moving average price of $50.64.

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.