Capstone Investment Advisors LLC Purchases Shares of 4,254 ARK Innovation ETF (NYSEARCA:ARKK)

Capstone Investment Advisors LLC acquired a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,254 shares of the company’s stock, valued at approximately $202,000.

Other hedge funds also recently modified their holdings of the company. Atria Investments Inc acquired a new position in ARK Innovation ETF in the 1st quarter valued at about $1,335,000. Cetera Investment Advisers grew its holdings in ARK Innovation ETF by 120.0% in the 1st quarter. Cetera Investment Advisers now owns 329,452 shares of the company’s stock valued at $16,499,000 after buying an additional 179,699 shares in the last quarter. Mather Group LLC. increased its position in ARK Innovation ETF by 47.4% during the 2nd quarter. Mather Group LLC. now owns 1,079 shares of the company’s stock worth $47,000 after buying an additional 347 shares during the period. CWM LLC lifted its holdings in shares of ARK Innovation ETF by 0.5% during the second quarter. CWM LLC now owns 114,425 shares of the company’s stock worth $5,029,000 after buying an additional 623 shares in the last quarter. Finally, Albion Financial Group UT boosted its position in shares of ARK Innovation ETF by 1,785.7% in the second quarter. Albion Financial Group UT now owns 1,056 shares of the company’s stock valued at $46,000 after acquiring an additional 1,000 shares during the period.

ARK Innovation ETF Stock Up 1.5 %

NYSEARCA:ARKK opened at $57.98 on Friday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $58.38. The firm’s 50-day simple moving average is $50.09 and its 200 day simple moving average is $46.44.

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.