Tradr 2X Long Innovation ETF (NASDAQ:TARK) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Tradr 2X Long Innovation ETF (NASDAQ:TARK)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.37 and traded as high as $52.23. Tradr 2X Long Innovation ETF shares last traded at $50.35, with a volume of 84,616 shares traded.

Tradr 2X Long Innovation ETF Trading Up 8.5 %

The firm’s 50-day moving average price is $37.59 and its 200 day moving average price is $32.53.

Institutional Trading of Tradr 2X Long Innovation ETF

A hedge fund recently bought a new stake in Tradr 2X Long Innovation ETF stock. Western Pacific Wealth Management LP purchased a new stake in shares of Tradr 2X Long Innovation ETF (NASDAQ:TARK) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 950 shares of the company’s stock, valued at approximately $62,000. Western Pacific Wealth Management LP owned approximately 0.10% of Tradr 2X Long Innovation ETF at the end of the most recent quarter.

About Tradr 2X Long Innovation ETF

The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.