Register Financial Advisors LLC Invests $157,000 in ARK Innovation ETF (NYSEARCA:ARKK)

Register Financial Advisors LLC purchased a new position in ARK Innovation ETF (NYSEARCA:ARKK) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,143 shares of the company’s stock, valued at approximately $157,000.

Several other institutional investors have also recently made changes to their positions in ARKK. Jones Financial Companies Lllp bought a new position in shares of ARK Innovation ETF in the fourth quarter worth $26,000. GoalVest Advisory LLC grew its position in ARK Innovation ETF by 124.8% in the first quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock worth $34,000 after acquiring an additional 372 shares in the last quarter. Headinvest LLC purchased a new position in ARK Innovation ETF in the third quarter worth $37,000. Mather Group LLC. purchased a new position in ARK Innovation ETF in the first quarter worth $38,000. Finally, Fortitude Family Office LLC purchased a new position in ARK Innovation ETF in the fourth quarter worth $58,000.

ARK Innovation ETF Trading Down 0.1 %

Shares of NYSEARCA:ARKK opened at $43.95 on Friday. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The firm has a fifty day moving average of $44.15 and a 200 day moving average of $47.27.

ARK Innovation ETF 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.