Banco Santander S.A. Raises Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Banco Santander S.A. boosted its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 8.5% in the first quarter, HoldingsChannel reports. The firm owned 16,516 shares of the company’s stock after purchasing an additional 1,290 shares during the period. Banco Santander S.A.’s holdings in ARK Innovation ETF were worth $827,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Jones Financial Companies Lllp acquired a new stake in ARK Innovation ETF during the fourth quarter valued at approximately $26,000. Westside Investment Management Inc. raised its stake in ARK Innovation ETF by 107.1% during the first quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock valued at $29,000 after buying an additional 300 shares in the last quarter. GoalVest Advisory LLC raised its stake in ARK Innovation ETF by 124.8% during the first quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after buying an additional 372 shares in the last quarter. Mather Group LLC. acquired a new stake in ARK Innovation ETF during the first quarter valued at approximately $38,000. Finally, Fortitude Family Office LLC acquired a new stake in ARK Innovation ETF during the fourth quarter valued at approximately $58,000.

ARK Innovation ETF Trading Up 0.1 %

NYSEARCA ARKK traded up $0.06 on Friday, hitting $46.63. 11,128,497 shares of the stock traded hands, compared to its average volume of 12,165,562. The stock has a 50-day moving average of $44.77 and a 200 day moving average of $46.64. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52.

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.