ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $58.83 and traded as high as $77.59. ARK Autonomous Technology & Robotics ETF shares last traded at $75.55, with a volume of 113,609 shares traded.

ARK Autonomous Technology & Robotics ETF Stock Down 1.6 %

The firm has a fifty day moving average of $64.85 and a 200-day moving average of $58.83. The firm has a market cap of $1.20 billion, a P/E ratio of 28.71 and a beta of 1.56.

Hedge Funds Weigh In On ARK Autonomous Technology & Robotics ETF

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in shares of ARK Autonomous Technology & Robotics ETF by 56.3% during the third quarter. Farther Finance Advisors LLC now owns 555 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Fairscale Capital LLC bought a new position in shares of ARK Autonomous Technology & Robotics ETF during the second quarter worth approximately $122,000. Heritage Wealth Management Inc. acquired a new stake in ARK Autonomous Technology & Robotics ETF during the second quarter worth approximately $215,000. Strategic Blueprint LLC acquired a new stake in ARK Autonomous Technology & Robotics ETF during the third quarter worth approximately $228,000. Finally, Highline Wealth Partners LLC acquired a new stake in ARK Autonomous Technology & Robotics ETF during the third quarter worth approximately $421,000.

ARK Autonomous Technology & Robotics ETF Company Profile

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.