ARK Israel Innovative Technology ETF (BATS:IZRL) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of ARK Israel Innovative Technology ETF (BATS:IZRL) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $19.91 and traded as high as $22.07. ARK Israel Innovative Technology ETF shares last traded at $22.06, with a volume of 24,118 shares changing hands.

ARK Israel Innovative Technology ETF Stock Up 0.3 %

The firm has a market capitalization of $112.51 million, a PE ratio of 18.86 and a beta of 1.16. The business has a 50-day moving average price of $20.03 and a 200-day moving average price of $19.91.

Institutional Investors Weigh In On ARK Israel Innovative Technology ETF

An institutional investor recently raised its position in ARK Israel Innovative Technology ETF stock. Main Management ETF Advisors LLC raised its position in ARK Israel Innovative Technology ETF (BATS:IZRL) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 298,110 shares of the company’s stock after purchasing an additional 5,700 shares during the quarter. Main Management ETF Advisors LLC owned about 5.85% of ARK Israel Innovative Technology ETF worth $5,941,000 as of its most recent SEC filing.

About ARK Israel Innovative Technology ETF

The ARK Israel Innovative Technology ETF (IZRL) is an exchange-traded fund that is based on the ARK Israeli Innovation (USD)(TR) index. The fund tracks an equally weighted index of Israeli companies causing advancements in the areas of genomics, health care, biotechnology, industrials, manufacturing, and IT.