Oliver Lagore Vanvalin Investment Group Has $833,000 Position in ARK Innovation ETF (NYSEARCA:ARKK)

Oliver Lagore Vanvalin Investment Group boosted its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 2,055.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,909 shares of the company’s stock after buying an additional 15,171 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in ARK Innovation ETF were worth $833,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in ARK Innovation ETF during the 4th quarter worth about $93,781,000. Cedar Brook Financial Partners LLC bought a new position in shares of ARK Innovation ETF in the 4th quarter worth about $203,000. Blackston Financial Advisory Group LLC bought a new position in shares of ARK Innovation ETF in the 4th quarter worth about $233,000. Global Retirement Partners LLC raised its position in shares of ARK Innovation ETF by 19.0% in the 4th quarter. Global Retirement Partners LLC now owns 6,212 shares of the company’s stock worth $325,000 after acquiring an additional 991 shares in the last quarter. Finally, Integrated Advisors Network LLC bought a new position in shares of ARK Innovation ETF in the 3rd quarter worth about $206,000.

ARK Innovation ETF Stock Performance

Shares of ARKK stock traded down $0.16 during mid-day trading on Thursday, hitting $42.86. The company’s stock had a trading volume of 9,194,898 shares, compared to its average volume of 14,370,117. The company’s fifty day simple moving average is $49.07 and its 200-day simple moving average is $46.22. ARK Innovation ETF has a 52 week low of $33.76 and a 52 week high of $54.52.

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.