Bank Julius Baer & Co. Ltd Zurich Buys 12,278 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Bank Julius Baer & Co. Ltd Zurich boosted its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 7,579.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,440 shares of the company’s stock after purchasing an additional 12,278 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in ARK Innovation ETF were worth $651,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd raised its stake in shares of ARK Innovation ETF by 5,172.6% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 45,661 shares of the company’s stock valued at $2,391,000 after acquiring an additional 44,795 shares during the last quarter. Madison Park Capital Advisors LLC bought a new position in shares of ARK Innovation ETF during the fourth quarter valued at $2,409,000. Fountainhead AM LLC bought a new position in shares of ARK Innovation ETF during the fourth quarter valued at $246,000. Significant Wealth Partners LLC bought a new position in shares of ARK Innovation ETF during the fourth quarter valued at $239,000. Finally, Rainey & Randall Investment Management Inc. raised its stake in shares of ARK Innovation ETF by 28.7% during the fourth quarter. Rainey & Randall Investment Management Inc. now owns 11,287 shares of the company’s stock valued at $591,000 after acquiring an additional 2,515 shares during the last quarter.

ARK Innovation ETF Stock Up 1.1 %

ARKK stock opened at $44.07 on Friday. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The company has a fifty day moving average price of $48.15 and a 200-day moving average price of $46.43.

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.