ARK Israel Innovative Technology ETF (BATS:IZRL) Shares Up 0.2% – Here’s Why

Shares of ARK Israel Innovative Technology ETF (BATS:IZRL) shot up 0.2% during trading on Tuesday . The company traded as high as $20.81 and last traded at $20.74. 6,494 shares changed hands during trading, The stock had previously closed at $20.68.

ARK Israel Innovative Technology ETF Price Performance

The business has a fifty day moving average price of $19.86 and a 200 day moving average price of $19.87. The company has a market capitalization of $105.75 million, a price-to-earnings ratio of 18.86 and a beta of 1.16.

Institutional Trading of ARK Israel Innovative Technology ETF

An institutional investor recently bought a new position in ARK Israel Innovative Technology ETF stock. Fortitude Family Office LLC bought a new position in shares of ARK Israel Innovative Technology ETF (BATS:IZRL) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,381 shares of the company’s stock, valued at approximately $146,000. Fortitude Family Office LLC owned approximately 0.14% 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.