GWM Advisors LLC raised its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 24.6% during the second quarter, HoldingsChannel.com reports. The fund owned 12,767 shares of the company’s stock after buying an additional 2,517 shares during the quarter. GWM Advisors LLC’s holdings in ARK Innovation ETF were worth $613,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Archford Capital Strategies LLC bought a new stake in ARK Innovation ETF during the first quarter valued at $37,000. TRUE Private Wealth Advisors acquired a new position in shares of ARK Innovation ETF during the second quarter valued at about $39,000. Trustcore Financial Services LLC raised its holdings in shares of ARK Innovation ETF by 24.0% during the second quarter. Trustcore Financial Services LLC now owns 1,172 shares of the company’s stock valued at $56,000 after purchasing an additional 227 shares during the period. Group One Trading L.P. acquired a new position in shares of ARK Innovation ETF during the first quarter valued at about $61,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of ARK Innovation ETF during the first quarter valued at about $78,000.
Shares of NYSEARCA ARKK traded down $0.05 during trading on Thursday, hitting $45.61. 4,402 shares of the company traded hands, compared to its average volume of 330,964. The business’s fifty day moving average is $47.09 and its 200 day moving average is $45.93. ARK Innovation ETF has a fifty-two week low of $34.75 and a fifty-two week high of $49.92.
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