Wealth Enhancement Advisory Services LLC Grows Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Wealth Enhancement Advisory Services LLC increased its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 90.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 163,932 shares of the company’s stock after acquiring an additional 77,735 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.11% of ARK Innovation ETF worth $8,210,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp acquired a new position in ARK Innovation ETF during the 4th quarter worth about $26,000. GoalVest Advisory LLC boosted its position in ARK Innovation ETF by 124.8% in the 1st quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after buying an additional 372 shares during the period. Headinvest LLC acquired a new position in shares of ARK Innovation ETF in the third quarter worth $37,000. Mather Group LLC. acquired a new position in shares of ARK Innovation ETF in the first quarter worth $38,000. Finally, Fortitude Family Office LLC purchased a new stake in shares of ARK Innovation ETF during the fourth quarter worth $58,000.

ARK Innovation ETF Trading Down 0.1 %

NYSEARCA:ARKK opened at $43.95 on Monday. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52. The stock has a fifty day moving average price of $44.15 and a 200 day moving average price of $47.24.

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.