Client First Investment Management LLC Makes New $2.58 Million Investment in ARK Genomic Revolution ETF $ARKG

Client First Investment Management LLC purchased a new position in shares of ARK Genomic Revolution ETF (BATS:ARKG) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 61,321 shares of the company’s stock, valued at approximately $2,579,000. ARK Genomic Revolution ETF makes up 1.1% of Client First Investment Management LLC’s holdings, making the stock its 16th largest position.

Other institutional investors have also modified their holdings of the company. Ascentis Independent Advisors purchased a new stake in shares of ARK Genomic Revolution ETF in the 1st quarter valued at $26,000. PNC Financial Services Group Inc. boosted its holdings in ARK Genomic Revolution ETF by 53.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,088 shares of the company’s stock valued at $29,000 after acquiring an additional 378 shares during the period. Sunbelt Securities Inc. boosted its holdings in ARK Genomic Revolution ETF by 734.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 984 shares during the period. Western Wealth Management LLC acquired a new position in ARK Genomic Revolution ETF in the 1st quarter valued at about $37,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in ARK Genomic Revolution ETF in the 2nd quarter valued at about $38,000.

ARK Genomic Revolution ETF Trading Up 6.1%

Shares of BATS:ARKG opened at $43.04 on Friday. The firm’s 50-day moving average is $38.55 and its two-hundred day moving average is $32.47. ARK Genomic Revolution ETF has a 1 year low of $23.20 and a 1 year high of $44.47.

ARK Genomic Revolution ETF Company Profile

The ARK Genomic Revolution ETF (ARKG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that targets companies involved in the genomics industry. ARKG was launched on Oct 31, 2014 and is managed by ARK.