SG Americas Securities LLC Buys 11,331 Shares of ARK Innovation ETF $ARKK

SG Americas Securities LLC lifted its stake in ARK Innovation ETF (BATS:ARKK) by 44.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,702 shares of the company’s stock after purchasing an additional 11,331 shares during the period. SG Americas Securities LLC’s holdings in ARK Innovation ETF were worth $2,481,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. State of Wisconsin Investment Board raised its stake in ARK Innovation ETF by 95.8% in the fourth quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock worth $215,710,000 after buying an additional 1,372,438 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in ARK Innovation ETF by 8,291.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock valued at $113,120,000 after acquiring an additional 1,590,149 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of ARK Innovation ETF by 634.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock worth $76,386,000 after acquiring an additional 764,653 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of ARK Innovation ETF by 620.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 650,621 shares of the company’s stock worth $50,046,000 after acquiring an additional 560,286 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of ARK Innovation ETF in the 3rd quarter worth approximately $39,269,000.

ARK Innovation ETF Stock Up 1.3%

ARKK opened at $81.85 on Thursday. ARK Innovation ETF has a 52 week low of $62.94 and a 52 week high of $92.65. The stock has a market cap of $7.75 billion, a PE ratio of 50.14 and a beta of 1.92. The business has a 50 day moving average of $77.63 and a 200-day moving average of $75.86.

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 issued by ARK.