SteelPeak Wealth LLC Buys New Position in ARK Innovation ETF (NYSEARCA:ARKK)

SteelPeak Wealth LLC purchased a new position in ARK Innovation ETF (NYSEARCA:ARKK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 61,867 shares of the company’s stock, valued at approximately $3,512,000.

A number of other large investors have also modified their holdings of the business. Global Trust Asset Management LLC increased its stake in ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ARK Innovation ETF during the second quarter valued at $34,000. Brown Brothers Harriman & Co. acquired a new position in shares of ARK Innovation ETF in the 3rd quarter valued at $76,000. Hobbs Group Advisors LLC purchased a new position in ARK Innovation ETF in the 3rd quarter worth $86,000. Finally, Advisors Management Group Inc. ADV acquired a new stake in ARK Innovation ETF during the 4th quarter worth about $224,000.

ARK Innovation ETF Stock Performance

Shares of NYSEARCA:ARKK opened at $61.93 on Wednesday. The business has a 50-day moving average price of $59.24 and a 200-day moving average price of $50.92. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $63.61.

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.