ARK Israel Innovative Technology ETF (BATS:IZRL) Trading Down 0.7%

Shares of ARK Israel Innovative Technology ETF (BATS:IZRL) fell 0.7% during trading on Friday . The company traded as low as $19.99 and last traded at $19.99. 15,203 shares traded hands during trading, The stock had previously closed at $20.13.

ARK Israel Innovative Technology ETF Stock Performance

The stock has a market capitalization of $101.95 million, a PE ratio of 18.86 and a beta of 1.16. The stock’s 50-day moving average price is $19.89 and its two-hundred day moving average price is $19.85.

Institutional Investors Weigh In On ARK Israel Innovative Technology ETF

A hedge fund recently bought a new stake in ARK Israel Innovative Technology ETF stock. Fortitude Family Office LLC purchased a new position in ARK Israel Innovative Technology ETF (BATS:IZRL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 9,034 shares of the company’s stock, valued at approximately $176,000. Fortitude Family Office LLC owned approximately 0.17% of ARK Israel Innovative Technology ETF as of its most recent SEC filing.

About ARK Israel Innovative Technology ETF

The ARK Israel Innovative Technology ETF (IZRL) is an exchange-traded fund that is based on the ARK Israeli Innovation (USD)(TR) index. The fund tracks an equally weighted index of Israeli companies causing advancements in the areas of genomics, health care, biotechnology, industrials, manufacturing, and IT.