Smith Anglin Financial LLC lifted its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 5.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 56,969 shares of the company’s stock after purchasing an additional 2,696 shares during the quarter. ARK Innovation ETF makes up 1.4% of Smith Anglin Financial LLC’s portfolio, making the stock its 21st largest holding. Smith Anglin Financial LLC’s holdings in ARK Innovation ETF were worth $7,450,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Corbenic Partners LLC grew its position in shares of ARK Innovation ETF by 150.0% during the 2nd quarter. Corbenic Partners LLC now owns 200 shares of the company’s stock valued at $26,000 after buying an additional 120 shares during the last quarter. Abundance Wealth Counselors bought a new stake in shares of ARK Innovation ETF during the 1st quarter valued at about $30,000. Close Asset Management Ltd bought a new stake in shares of ARK Innovation ETF during the 1st quarter valued at about $33,000. Heritage Wealth Advisors bought a new stake in shares of ARK Innovation ETF during the 2nd quarter valued at about $33,000. Finally, Evoke Wealth LLC bought a new stake in shares of ARK Innovation ETF during the 1st quarter valued at about $34,000.
NYSEARCA ARKK traded up $0.07 on Wednesday, hitting $116.93. The stock had a trading volume of 312,292 shares, compared to its average volume of 9,774,519. ARK Innovation ETF has a one year low of $85.27 and a one year high of $159.70. The company’s 50-day moving average is $120.99 and its two-hundred day moving average is $119.28.
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