ARK Innovation ETF (NYSEARCA:ARKK) Shares Purchased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV raised its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 171.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 76,583 shares of the company’s stock after acquiring an additional 48,391 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.05% of ARK Innovation ETF worth $3,366,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ARKK. Jones Financial Companies Lllp purchased a new stake in shares of ARK Innovation ETF during the fourth quarter worth approximately $26,000. Ashton Thomas Private Wealth LLC purchased a new position in ARK Innovation ETF during the 2nd quarter worth $26,000. Westside Investment Management Inc. lifted its stake in shares of ARK Innovation ETF by 107.1% in the 1st quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock worth $29,000 after acquiring an additional 300 shares during the period. GoalVest Advisory LLC boosted its holdings in shares of ARK Innovation ETF by 124.8% in the first quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after acquiring an additional 372 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of ARK Innovation ETF in the second quarter valued at about $37,000.

ARK Innovation ETF Price Performance

NYSEARCA ARKK opened at $46.90 on Monday. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The firm has a 50-day moving average price of $44.51 and a 200 day moving average price of $45.29.

ARK Innovation ETF Company Profile

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.