ARK Innovation ETF (NYSEARCA:ARKK) is Ascension Capital Advisors Inc.’s 4th Largest Position

Ascension Capital Advisors Inc. raised its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 32.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 356,194 shares of the company’s stock after purchasing an additional 86,382 shares during the quarter. ARK Innovation ETF accounts for 7.9% of Ascension Capital Advisors Inc.’s portfolio, making the stock its 4th largest position. Ascension Capital Advisors Inc. owned approximately 0.24% of ARK Innovation ETF worth $16,930,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. PDS Planning Inc acquired a new stake in shares of ARK Innovation ETF in the third quarter worth $208,000. Janney Montgomery Scott LLC acquired a new stake in ARK Innovation ETF during the 3rd quarter worth about $1,675,000. Farther Finance Advisors LLC raised its stake in shares of ARK Innovation ETF by 4.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 14,434 shares of the company’s stock valued at $686,000 after buying an additional 635 shares during the last quarter. Strategic Wealth Investment Group LLC lifted its holdings in shares of ARK Innovation ETF by 22.5% in the 3rd quarter. Strategic Wealth Investment Group LLC now owns 50,413 shares of the company’s stock valued at $2,328,000 after buying an additional 9,243 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of ARK Innovation ETF by 12.2% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 32,585 shares of the company’s stock worth $1,549,000 after buying an additional 3,534 shares during the last quarter.

ARK Innovation ETF Stock Up 8.2 %

ARK Innovation ETF stock opened at $52.15 on Thursday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $54.52. The business’s 50-day moving average price is $46.31 and its 200 day moving average price is $45.08.

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.