SG Americas Securities LLC Purchases 97,687 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

SG Americas Securities LLC boosted its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 1,040.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,076 shares of the company’s stock after acquiring an additional 97,687 shares during the period. SG Americas Securities LLC owned approximately 0.07% of ARK Innovation ETF worth $5,089,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ARKK. Banco Santander S.A. grew its stake in shares of ARK Innovation ETF by 8.5% in the 1st quarter. Banco Santander S.A. now owns 16,516 shares of the company’s stock valued at $827,000 after purchasing an additional 1,290 shares during the period. Leo Wealth LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter valued at approximately $207,000. SageView Advisory Group LLC grew its stake 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 valued at $567,000 after purchasing an additional 642 shares during the period. Gerber LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter valued at approximately $11,271,000. Finally, Atria Investments Inc bought a new stake in shares of ARK Innovation ETF in the 1st quarter valued at approximately $1,335,000.

ARK Innovation ETF Trading Up 2.6 %

ARKK stock opened at $46.55 on Friday. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52. The business’s 50 day moving average is $44.47 and its 200-day moving average is $45.12.

ARK Innovation ETF Company 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.