Simplex Trading LLC Grows Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Simplex Trading LLC grew its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 20.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,790 shares of the company’s stock after acquiring an additional 14,717 shares during the period. Simplex Trading LLC owned 0.06% of ARK Innovation ETF worth $4,927,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in ARK Innovation ETF during the 4th quarter worth about $54,586,000. Strategic Financial Concepts LLC purchased a new stake in shares of ARK Innovation ETF in the fourth quarter worth about $514,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of ARK Innovation ETF in the third quarter worth about $6,545,000. Variant Private Wealth LLC bought a new position in shares of ARK Innovation ETF in the fourth quarter valued at approximately $4,862,000. Finally, SteelPeak Wealth LLC purchased a new position in ARK Innovation ETF during the fourth quarter valued at approximately $3,512,000.

ARK Innovation ETF Price Performance

NYSEARCA ARKK opened at $54.14 on Wednesday. The company’s 50 day simple moving average is $57.99 and its two-hundred day simple moving average is $54.69. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $68.43. The stock has a market capitalization of $5.94 billion, a PE ratio of 41.12 and a beta of 1.89.

ARK Innovation ETF Company 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.