Avondale Wealth Management trimmed its position in ARK Autonomous Technology & Robotics ETF (BATS:ARKQ – Free Report) by 44.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 345 shares of the company’s stock after selling 275 shares during the quarter. Avondale Wealth Management’s holdings in ARK Autonomous Technology & Robotics ETF were worth $27,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in ARK Autonomous Technology & Robotics ETF by 56.3% in the third quarter. Farther Finance Advisors LLC now owns 555 shares of the company’s stock valued at $34,000 after buying an additional 200 shares during the period. Fairscale Capital LLC purchased a new stake in ARK Autonomous Technology & Robotics ETF during the 2nd quarter worth $122,000. JPMorgan Chase & Co. increased its holdings in ARK Autonomous Technology & Robotics ETF by 10.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 24,715 shares of the company’s stock valued at $1,506,000 after purchasing an additional 2,313 shares in the last quarter. Heritage Wealth Management Inc. purchased a new position in ARK Autonomous Technology & Robotics ETF in the second quarter valued at about $215,000. Finally, Strategic Blueprint LLC acquired a new position in shares of ARK Autonomous Technology & Robotics ETF during the third quarter worth about $228,000.
ARK Autonomous Technology & Robotics ETF Price Performance
Shares of BATS ARKQ traded down $1.29 on Friday, hitting $79.95. The company had a trading volume of 270,793 shares. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 28.71 and a beta of 1.56. The company has a 50-day moving average price of $74.86 and a 200 day moving average price of $63.54.
ARK Autonomous Technology & Robotics ETF Company Profile
The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.
Recommended Stories
- Five stocks we like better than ARK Autonomous Technology & Robotics ETF
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- Consumer Discretionary Stocks Explained
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
- How to Invest in Blue Chip Stocks
- 3 EV Stocks Offering Unique Alternatives to Tesla
Receive News & Ratings for ARK Autonomous Technology & Robotics ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Autonomous Technology & Robotics ETF and related companies with MarketBeat.com's FREE daily email newsletter.