Saxon Interests Inc. Acquires Shares of 5,641 ARK Innovation ETF (NYSEARCA:ARKK)

Saxon Interests Inc. bought a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,641 shares of the company’s stock, valued at approximately $295,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Morgan Stanley lifted its holdings in ARK Innovation ETF by 5.1% during the 3rd quarter. Morgan Stanley now owns 9,524,089 shares of the company’s stock worth $377,821,000 after buying an additional 460,104 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in ARK Innovation ETF by 86,013.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,038,508 shares of the company’s stock worth $282,363,000 after purchasing an additional 9,028,012 shares during the period. SHANDA ASSET MANAGEMENT HOLDINGS Ltd raised its holdings in ARK Innovation ETF by 13.7% during the 4th quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd now owns 8,052,500 shares of the company’s stock worth $251,560,000 after purchasing an additional 969,400 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of ARK Innovation ETF by 298.6% in the 1st quarter. Jane Street Group LLC now owns 6,163,775 shares of the company’s stock valued at $248,647,000 after purchasing an additional 4,617,445 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of ARK Innovation ETF by 2.5% in the 3rd quarter. LPL Financial LLC now owns 3,631,858 shares of the company’s stock valued at $144,076,000 after purchasing an additional 89,000 shares during the last quarter.

ARK Innovation ETF Trading Down 0.1 %

Shares of ARKK traded down $0.03 on Thursday, reaching $50.08. 8,175,369 shares of the company’s stock were exchanged, compared to its average volume of 14,888,991. The business has a 50 day moving average price of $48.82 and a two-hundred day moving average price of $45.57. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52.

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.