ARK Genomic Revolution ETF Target of Unusually High Options Trading (BATS:ARKG)

ARK Genomic Revolution ETF (BATS:ARKG) was the recipient of unusually large options trading on Monday. Stock investors purchased 27,609 call options on the stock. This is an increase of approximately 155% compared to the typical volume of 10,820 call options.

ARK Genomic Revolution ETF Price Performance

Shares of ARK Genomic Revolution ETF stock traded up $0.87 during trading on Monday, hitting $42.30. 4,272,883 shares of the stock traded hands, compared to its average volume of 2,946,578. ARK Genomic Revolution ETF has a 52 week low of $22.73 and a 52 week high of $42.70. The firm’s fifty day moving average is $32.38 and its 200-day moving average is $30.33.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in shares of ARK Genomic Revolution ETF in the 1st quarter worth approximately $26,000. PNC Financial Services Group Inc. grew its holdings in shares of 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 purchasing an additional 378 shares during the last quarter. Sunbelt Securities Inc. raised its position in ARK Genomic Revolution ETF by 734.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 984 shares during the period. Western Wealth Management LLC bought a new stake in ARK Genomic Revolution ETF in the first quarter worth $37,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in ARK Genomic Revolution ETF in the second quarter worth $38,000.

About ARK Genomic Revolution ETF

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.