Westside Investment Management Inc. Raises Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Westside Investment Management Inc. grew its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 107.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 580 shares of the company’s stock after buying an additional 300 shares during the period. Westside Investment Management Inc.’s holdings in ARK Innovation ETF were worth $29,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisory Services Network LLC lifted its holdings in shares of ARK Innovation ETF by 7.6% in the 4th quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock worth $628,000 after acquiring an additional 846 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of ARK Innovation ETF by 246.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 25,781 shares of the company’s stock worth $1,350,000 after acquiring an additional 18,340 shares during the last quarter. Leo Wealth LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth about $207,000. International Assets Investment Management LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth about $93,781,000. Finally, SageView Advisory Group LLC lifted its holdings in shares of ARK Innovation ETF by 6.3% in the 4th quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock worth $567,000 after acquiring an additional 642 shares during the last quarter.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $45.61 on Friday. The firm has a 50-day moving average price of $44.28 and a 200-day moving average price of $47.12. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52.

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.