Kuhn & Co Investment Counsel Purchases Shares of 4,000 ARK Innovation ETF (NYSEARCA:ARKK)

Kuhn & Co Investment Counsel acquired a new position in ARK Innovation ETF (NYSEARCA:ARKK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,000 shares of the company’s stock, valued at approximately $227,000.

Several other large investors have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings in ARK Innovation ETF by 5,773.2% in the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after acquiring an additional 1,562,287 shares during the period. Blue Trust Inc. lifted its position in shares of ARK Innovation ETF by 3.4% during the 3rd quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock worth $66,578,000 after purchasing an additional 50,251 shares during the last quarter. Total Investment Management Inc. boosted its stake in ARK Innovation ETF by 16.9% during the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after purchasing an additional 193,251 shares during the period. Strategic Financial Concepts LLC acquired a new stake in ARK Innovation ETF in the 4th quarter valued at approximately $514,000. Finally, Ascension Capital Advisors Inc. increased its position in ARK Innovation ETF by 32.0% in the 3rd quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock worth $16,930,000 after buying an additional 86,382 shares during the period.

ARK Innovation ETF Price Performance

ARKK opened at $67.02 on Friday. The business has a 50 day moving average of $60.69 and a 200-day moving average of $52.49. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $67.16.

About ARK Innovation ETF

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.