Kingswood Wealth Advisors LLC Purchases Shares of 9,970 ARK Innovation ETF (NYSEARCA:ARKK)

Kingswood Wealth Advisors LLC purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,970 shares of the company’s stock, valued at approximately $522,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of ARK Innovation ETF during the first quarter worth about $25,000. Lindbrook Capital LLC grew its holdings in shares of ARK Innovation ETF by 77.5% during the third quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the last quarter. Hollencrest Capital Management grew its holdings in shares of ARK Innovation ETF by 74.5% during the first quarter. Hollencrest Capital Management now owns 698 shares of the company’s stock worth $28,000 after purchasing an additional 298 shares during the last quarter. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of ARK Innovation ETF by 103.3% during the third quarter. Oliver Lagore Vanvalin Investment Group now owns 738 shares of the company’s stock worth $29,000 after purchasing an additional 375 shares during the last quarter. Finally, Authentikos Wealth Advisory LLC purchased a new position in shares of ARK Innovation ETF during the third quarter worth about $31,000.

ARK Innovation ETF Price Performance

NYSEARCA ARKK opened at $50.11 on Thursday. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The business’s 50-day moving average price is $48.82 and its 200 day moving average price is $45.57.

ARK Innovation ETF Profile

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.