AlphaStar Capital Management LLC Purchases Shares of 3,640 ARK Innovation ETF (NYSEARCA:ARKK)

AlphaStar Capital Management LLC acquired a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,640 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds have also modified their holdings of the company. Clear Harbor Asset Management LLC boosted its position in ARK Innovation ETF by 2.3% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock worth $586,000 after acquiring an additional 282 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of ARK Innovation ETF by 3.1% in the third quarter. D.A. Davidson & CO. now owns 12,172 shares of the company’s stock worth $579,000 after purchasing an additional 361 shares in the last quarter. Perigon Wealth Management LLC grew its position in ARK Innovation ETF by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 11,986 shares of the company’s stock valued at $704,000 after purchasing an additional 421 shares in the last quarter. Summit Investment Advisory Services LLC grew its position in ARK Innovation ETF by 4.1% in the fourth quarter. Summit Investment Advisory Services LLC now owns 10,731 shares of the company’s stock valued at $609,000 after purchasing an additional 424 shares in the last quarter. Finally, Great Valley Advisor Group Inc. increased its stake in ARK Innovation ETF by 2.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 22,030 shares of the company’s stock valued at $1,047,000 after buying an additional 480 shares during the last quarter.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $62.76 on Monday. The firm has a 50-day moving average of $60.37 and a 200-day moving average of $51.85. ARK Innovation ETF has a one year low of $36.85 and a one year high of $64.72.

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.