Group One Trading LLC Makes New Investment in ARK Innovation ETF $ARKK

Group One Trading LLC acquired a new position in ARK Innovation ETF (BATS:ARKK) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,956 shares of the company’s stock, valued at approximately $876,000.

A number of other hedge funds have also made changes to their positions in ARKK. Decker Retirement Planning Inc. lifted its holdings in shares of ARK Innovation ETF by 38,300.0% during the 1st quarter. Decker Retirement Planning Inc. now owns 384 shares of the company’s stock valued at $26,000 after acquiring an additional 383 shares in the last quarter. TD Capital Management LLC acquired a new stake in ARK Innovation ETF in the 4th quarter valued at $30,000. Wealth Watch Advisors INC acquired a new stake in ARK Innovation ETF in the 3rd quarter valued at $32,000. Riggs Asset Managment Co. Inc. increased its holdings in ARK Innovation ETF by 1,635.7% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock valued at $34,000 after purchasing an additional 458 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in ARK Innovation ETF by 85.0% in the third quarter. Russell Investments Group Ltd. now owns 418 shares of the company’s stock valued at $36,000 after purchasing an additional 192 shares during the period.

ARK Innovation ETF Price Performance

Shares of ARKK opened at $76.03 on Thursday. The stock’s 50-day moving average is $78.16 and its two-hundred day moving average is $75.81. The stock has a market cap of $7.20 billion, a PE ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 12 month low of $62.94 and a 12 month high of $92.65.

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 issued by ARK.