Tallon Kerry Patrick Purchases Shares of 32,397 ARK Innovation ETF (NYSEARCA:ARKK)
by Teresa Graham · The Cerbat GemTallon Kerry Patrick purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 32,397 shares of the company’s stock, valued at approximately $1,843,000. ARK Innovation ETF comprises about 1.8% of Tallon Kerry Patrick’s investment portfolio, making the stock its 19th biggest holding.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Global Trust Asset Management LLC increased its holdings in ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 550 shares during the last quarter. Hershey Financial Advisers LLC bought a new stake in ARK Innovation ETF in the 2nd quarter valued at $32,000. Strategic Investment Solutions Inc. IL bought a new stake in ARK Innovation ETF in the 2nd quarter valued at $34,000. Brown Brothers Harriman & Co. bought a new stake in ARK Innovation ETF in the 3rd quarter valued at $76,000. Finally, Hobbs Group Advisors LLC bought a new stake in shares of ARK Innovation ETF in the 3rd quarter worth about $86,000.
ARK Innovation ETF Stock Performance
ARK Innovation ETF stock opened at $58.74 on Friday. The company’s 50-day moving average price is $58.29 and its 200-day moving average price is $50.03. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.44.
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 managed by ARK.
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