Greykasell Wealth Strategies Inc. Makes New Investment in ARK Innovation ETF (NYSEARCA:ARKK)

Greykasell Wealth Strategies Inc. acquired a new position in shares of ARK Innovation ETF (NYSEARCA:ARKKFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 40,544 shares of the company’s stock, valued at approximately $2,302,000. ARK Innovation ETF comprises about 1.3% of Greykasell Wealth Strategies Inc.’s holdings, making the stock its 26th biggest position.

Other large investors also recently bought and sold shares of the company. Kestra Investment Management LLC purchased a new position in ARK Innovation ETF during the 4th quarter worth $68,000. Brown Brothers Harriman & Co. acquired a new position in shares of ARK Innovation ETF during the 3rd quarter worth $76,000. Mainstream Capital Management LLC acquired a new position in shares of ARK Innovation ETF during the 4th quarter worth $99,000. Hobbs Group Advisors LLC acquired a new position in shares of ARK Innovation ETF during the 3rd quarter worth $86,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of ARK Innovation ETF during the 4th quarter worth $114,000.

ARK Innovation ETF Stock Up 4.1 %

NYSEARCA:ARKK opened at $49.19 on Friday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $68.43. The stock has a market cap of $5.12 billion, a PE ratio of 46.93 and a beta of 1.76. The firm’s fifty day simple moving average is $59.00 and its 200-day simple moving average is $54.19.

About ARK Innovation ETF

(Free Report)

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.

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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