Climber Capital SA Takes Position in ARK Innovation ETF (NYSEARCA:ARKK)

Climber Capital SA acquired a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 7,802 shares of the company’s stock, valued at approximately $428,000.

A number of other hedge funds also recently bought and sold shares of ARKK. Apollon Wealth Management LLC raised its holdings in ARK Innovation ETF by 52.8% in the 4th quarter. Apollon Wealth Management LLC now owns 6,705 shares of the company’s stock valued at $381,000 after buying an additional 2,316 shares during the period. Steward Partners Investment Advisory LLC grew its position in ARK Innovation ETF by 22.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,984 shares of the company’s stock valued at $1,021,000 after acquiring an additional 3,239 shares in the last quarter. Caprock Group LLC acquired a new position in shares of ARK Innovation ETF in the fourth quarter worth $293,000. Bank of Jackson Hole Trust acquired a new stake in shares of ARK Innovation ETF in the fourth quarter valued at $114,000. Finally, SFG Wealth Management LLC. purchased a new position in ARK Innovation ETF in the fourth quarter valued at $224,000.

ARK Innovation ETF Price Performance

Shares of NYSEARCA ARKK opened at $49.15 on Thursday. The stock’s 50-day moving average is $56.70 and its two-hundred day moving average is $54.83. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 28.92 and a beta of 1.98. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $68.43.

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.