Elevation Wealth Partners LLC Takes $125,000 Position in ARK Innovation ETF (NYSEARCA:ARKK)

Elevation Wealth Partners LLC acquired a new position in ARK Innovation ETF (NYSEARCA:ARKK) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,205 shares of the company’s stock, valued at approximately $125,000.

Other institutional investors also recently bought and sold shares of the company. Caprock Group LLC bought a new stake in ARK Innovation ETF during the fourth quarter valued at about $293,000. SFG Wealth Management LLC. acquired a new position in ARK Innovation ETF during the 4th quarter valued at about $224,000. Renaissance Technologies LLC purchased a new stake in shares of ARK Innovation ETF during the second quarter worth about $246,000. Barclays PLC raised its position in shares of ARK Innovation ETF by 100.6% in the 3rd quarter. Barclays PLC now owns 65,166 shares of the company’s stock valued at $3,098,000 after purchasing an additional 32,679 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in ARK Innovation ETF during the 3rd quarter worth approximately $1,675,000.

ARK Innovation ETF Trading Up 0.1 %

NYSEARCA:ARKK opened at $62.76 on Monday. The firm has a fifty day simple moving average of $60.37 and a 200-day simple moving average of $51.85. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $64.72.

ARK Innovation ETF Company 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.