Fairscale Capital LLC Buys New Stake in ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)

Fairscale Capital LLC purchased a new position in ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,999 shares of the company’s stock, valued at approximately $122,000.

A number of other large investors have also made changes to their positions in ARKQ. Janney Montgomery Scott LLC purchased a new position in ARK Autonomous Technology & Robotics ETF during the 1st quarter worth $205,000. First Horizon Advisors Inc. boosted its holdings in ARK Autonomous Technology & Robotics ETF by 3.3% in the second quarter. First Horizon Advisors Inc. now owns 7,911 shares of the company’s stock worth $436,000 after acquiring an additional 252 shares in the last quarter. Strategic Advocates LLC purchased a new stake in shares of ARK Autonomous Technology & Robotics ETF during the second quarter worth about $456,000. Stevard LLC increased its holdings in shares of ARK Autonomous Technology & Robotics ETF by 13.9% during the fourth quarter. Stevard LLC now owns 13,999 shares of the company’s stock valued at $808,000 after acquiring an additional 1,703 shares in the last quarter. Finally, Crescent Grove Advisors LLC raised its position in shares of ARK Autonomous Technology & Robotics ETF by 25.9% in the 1st quarter. Crescent Grove Advisors LLC now owns 14,130 shares of the company’s stock valued at $773,000 after purchasing an additional 2,907 shares during the last quarter.

ARK Autonomous Technology & Robotics ETF Stock Performance

BATS:ARKQ opened at $57.84 on Friday. The stock has a market cap of $919.66 million, a P/E ratio of 28.71 and a beta of 1.56. The stock’s fifty day moving average is $55.46 and its 200 day moving average is $54.86.

ARK Autonomous Technology & Robotics ETF 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.