7,308 Shares in ARK Innovation ETF $ARKK Acquired by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in ARK Innovation ETF (BATS:ARKK) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 7,308 shares of the company’s stock, valued at approximately $562,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ARKK. Caitlin John LLC bought a new stake in shares of ARK Innovation ETF during the third quarter worth $27,000. Addison Advisors LLC bought a new position in shares of ARK Innovation ETF in the third quarter worth about $28,000. New Millennium Group LLC bought a new position in shares of ARK Innovation ETF in the third quarter worth about $31,000. Wealth Watch Advisors INC purchased a new position in ARK Innovation ETF in the 3rd quarter worth about $32,000. Finally, Riggs Asset Managment Co. Inc. increased its position in shares of ARK Innovation ETF by 1,635.7% during the second quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after acquiring an additional 458 shares during the period.

ARK Innovation ETF Price Performance

Shares of BATS ARKK opened at $68.56 on Friday. ARK Innovation ETF has a twelve month low of $38.57 and a twelve month high of $92.65. The business has a fifty day simple moving average of $71.86 and a two-hundred day simple moving average of $78.80. The firm has a market cap of $6.49 billion, a PE ratio of 50.14 and a beta of 1.92.

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 issued by ARK.