Fountainhead AM LLC Purchases New Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Fountainhead AM LLC purchased a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 4,690 shares of the company’s stock, valued at approximately $246,000.

Other large investors also recently bought and sold shares of the company. Clear Creek Financial Management LLC raised its holdings in ARK Innovation ETF by 1.7% in the fourth quarter. Clear Creek Financial Management LLC now owns 14,042 shares of the company’s stock worth $735,000 after buying an additional 229 shares during the last quarter. Signaturefd LLC raised its holdings in ARK Innovation ETF by 3.5% in the third quarter. Signaturefd LLC now owns 7,496 shares of the company’s stock worth $297,000 after buying an additional 255 shares during the last quarter. Private Trust Co. NA raised its holdings in ARK Innovation ETF by 8.0% in the third quarter. Private Trust Co. NA now owns 3,679 shares of the company’s stock worth $146,000 after buying an additional 271 shares during the last quarter. Diligent Investors LLC raised its holdings in ARK Innovation ETF by 3.5% in the fourth quarter. Diligent Investors LLC now owns 9,052 shares of the company’s stock worth $474,000 after buying an additional 305 shares during the last quarter. Finally, Lindbrook Capital LLC raised its holdings in ARK Innovation ETF by 77.5% in the third quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock worth $28,000 after buying an additional 310 shares during the last quarter.

ARK Innovation ETF Stock Up 3.0 %

ARK Innovation ETF stock traded up $1.26 during trading hours on Tuesday, hitting $43.86. The stock had a trading volume of 16,424,936 shares, compared to its average volume of 14,421,541. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52. The stock’s 50-day moving average price is $48.57 and its 200-day moving average price is $46.39.

ARK Innovation ETF 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.