DRW Securities LLC Has $1.19 Million Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

DRW Securities LLC lifted its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 33.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,973 shares of the company’s stock after acquiring an additional 6,235 shares during the period. DRW Securities LLC’s holdings in ARK Innovation ETF were worth $1,187,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Great Valley Advisor Group Inc. grew its stake in ARK Innovation ETF by 2.2% during the third quarter. Great Valley Advisor Group Inc. now owns 22,030 shares of the company’s stock worth $1,047,000 after buying an additional 480 shares in the last quarter. Nwam LLC acquired a new stake in ARK Innovation ETF during the third quarter worth about $1,261,000. Banco Santander S.A. grew its stake in ARK Innovation ETF by 3.3% during the third quarter. Banco Santander S.A. now owns 22,039 shares of the company’s stock worth $1,048,000 after buying an additional 700 shares in the last quarter. Gilbert & Cook Inc. grew its stake in ARK Innovation ETF by 12.7% during the third quarter. Gilbert & Cook Inc. now owns 5,574 shares of the company’s stock worth $265,000 after buying an additional 628 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in ARK Innovation ETF by 1.1% during the third quarter. Thrivent Financial for Lutherans now owns 84,254 shares of the company’s stock worth $4,005,000 after buying an additional 890 shares in the last quarter.

ARK Innovation ETF Trading Up 1.5 %

Shares of ARK Innovation ETF stock opened at $57.03 on Tuesday. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $58.38. The firm’s 50-day moving average price is $49.25 and its two-hundred day moving average price is $46.09.

About ARK Innovation ETF

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.