Marshall Investment Management LLC Takes Position in ARK Innovation ETF (NYSEARCA:ARKK)

Marshall Investment Management LLC bought a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,307 shares of the company’s stock, valued at approximately $188,000.

Several other large investors have also recently made changes to their positions in the business. Global Trust Asset Management LLC increased its position in shares of ARK Innovation ETF by 550.0% during the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 550 shares in the last quarter. Convergence Financial LLC grew its position in ARK Innovation ETF by 5.9% in the 3rd quarter. Convergence Financial LLC now owns 13,035 shares of the company’s stock worth $620,000 after purchasing an additional 732 shares during the period. Clear Harbor Asset Management LLC grew its position in ARK Innovation ETF by 2.3% in the 3rd quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock worth $586,000 after purchasing an additional 282 shares during the period. Patriot Financial Group Insurance Agency LLC grew its position in ARK Innovation ETF by 12.2% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 32,585 shares of the company’s stock worth $1,549,000 after purchasing an additional 3,534 shares during the period. Finally, Strategic Wealth Investment Group LLC grew its position in ARK Innovation ETF by 22.5% in the 3rd quarter. Strategic Wealth Investment Group LLC now owns 50,413 shares of the company’s stock worth $2,328,000 after purchasing an additional 9,243 shares during the period.

ARK Innovation ETF Stock Down 5.9 %

NYSEARCA:ARKK opened at $60.20 on Friday. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $68.43. The company has a 50 day simple moving average of $61.04 and a two-hundred day simple moving average of $53.20.

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.