Saxon Interests Inc. Grows Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Saxon Interests Inc. increased its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,520 shares of the company’s stock after purchasing an additional 419 shares during the quarter. Saxon Interests Inc.’s holdings in ARK Innovation ETF were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of ARK Innovation ETF during the 2nd quarter worth about $26,000. Westside Investment Management Inc. grew its stake in ARK Innovation ETF by 107.1% during the first quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock worth $29,000 after buying an additional 300 shares during the period. Hershey Financial Advisers LLC acquired a new stake in shares of ARK Innovation ETF in the second quarter worth $32,000. GoalVest Advisory LLC raised its stake in shares of ARK Innovation ETF by 124.8% in the 1st quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after acquiring an additional 372 shares during the period. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of ARK Innovation ETF in the 2nd quarter valued at $34,000.

ARK Innovation ETF Stock Up 0.2 %

ARK Innovation ETF stock traded up $0.11 during trading on Wednesday, reaching $46.75. 1,135,260 shares of the company’s stock were exchanged, compared to its average volume of 10,594,012. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The company’s 50-day moving average is $44.51 and its two-hundred day moving average is $45.04.

About ARK Innovation ETF

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.