Financial Advisory Service Inc. Buys New Stake in ARK Innovation ETF (ARKK)

Share on StockTwits

Financial Advisory Service Inc. bought a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $284,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Intl Fcstone Inc. grew its position in ARK Innovation ETF by 25.2% during the third quarter. Intl Fcstone Inc. now owns 21,093 shares of the company’s stock worth $999,000 after buying an additional 4,246 shares during the period. Carroll Financial Associates Inc. grew its position in ARK Innovation ETF by 76.8% during the second quarter. Carroll Financial Associates Inc. now owns 108,091 shares of the company’s stock worth $4,861,000 after buying an additional 46,954 shares during the period. IFP Advisors Inc grew its position in ARK Innovation ETF by 14.6% during the second quarter. IFP Advisors Inc now owns 88,716 shares of the company’s stock worth $3,990,000 after buying an additional 11,291 shares during the period. Jane Street Group LLC acquired a new position in ARK Innovation ETF during the second quarter worth about $4,207,000. Finally, Legacy Private Trust Co. grew its position in ARK Innovation ETF by 5.1% during the third quarter. Legacy Private Trust Co. now owns 94,441 shares of the company’s stock worth $4,470,000 after buying an additional 4,550 shares during the period.

Shares of ARKK opened at $44.83 on Wednesday. ARK Innovation ETF has a twelve month low of $33.98 and a twelve month high of $49.87.

COPYRIGHT VIOLATION NOTICE: This report was published by Week Herald and is the sole property of of Week Herald. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this report can be accessed at https://weekherald.com/2018/11/07/financial-advisory-service-inc-buys-new-stake-in-ark-innovation-etf-arkk.html.

Recommended Story: How is an ETF different from a mutual fund?

Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

Receive News & Ratings for ARK Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply