JPMorgan Chase & Co. Buys 698,701 Shares of ARK Genomic Revolution ETF (BATS:ARKG)

JPMorgan Chase & Co. raised its position in shares of ARK Genomic Revolution ETF (BATS:ARKG) by 31.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,955,279 shares of the company’s stock after purchasing an additional 698,701 shares during the period. JPMorgan Chase & Co. owned about 5.23% of ARK Genomic Revolution ETF worth $75,655,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Chris Bulman Inc bought a new position in ARK Genomic Revolution ETF in the second quarter worth approximately $36,000. Larson Financial Group LLC lifted its stake in shares of ARK Genomic Revolution ETF by 4,576.1% during the 2nd quarter. Larson Financial Group LLC now owns 3,320 shares of the company’s stock worth $78,000 after purchasing an additional 3,249 shares during the last quarter. National Bank of Canada FI grew its stake in ARK Genomic Revolution ETF by 28.4% in the third quarter. National Bank of Canada FI now owns 4,155 shares of the company’s stock valued at $106,000 after purchasing an additional 920 shares during the last quarter. IHT Wealth Management LLC bought a new position in ARK Genomic Revolution ETF in the third quarter worth about $203,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of ARK Genomic Revolution ETF in the 2nd quarter valued at about $222,000.

ARK Genomic Revolution ETF Price Performance

BATS:ARKG opened at $25.68 on Friday. The company’s 50 day moving average price is $24.67 and its 200 day moving average price is $24.96.

ARK Genomic Revolution ETF Profile

The ARK Genomic Revolution ETF (ARKG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that targets companies involved in the genomics industry. ARKG was launched on Oct 31, 2014 and is managed by ARK.