Mid Atlantic Financial Management Inc. ADV Purchases New Position in ARK Innovation ETF (NYSEARCA:ARKK)

Mid Atlantic Financial Management Inc. ADV Purchases New Position in ARK Innovation ETF (NYSEARCA:ARKK)

  • August 27, 2020
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Mid Atlantic Financial Management Inc. ADV purchased a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,102 shares of the company’s stock, valued at approximately $221,000.

Several other hedge funds have also modified their holdings of ARKK. Legacy Wealth Planning LLC acquired a new stake in ARK Innovation ETF in the 1st quarter valued at approximately $28,000. Patriot Financial Group Insurance Agency LLC boosted its stake in ARK Innovation ETF by 316.2% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 412 shares of the company’s stock valued at $29,000 after purchasing an additional 313 shares during the period. Creative Financial Designs Inc. ADV bought a new stake in ARK Innovation ETF in the 2nd quarter valued at $36,000. Campbell Wealth Management bought a new stake in ARK Innovation ETF in the 2nd quarter valued at $38,000. Finally, Glassman Wealth Services bought a new stake in ARK Innovation ETF in the 2nd quarter valued at $44,000.

Shares of NYSEARCA ARKK opened at $88.58 on Wednesday. The business has a fifty day moving average price of $80.35 and a two-hundred day moving average price of $61.24. ARK Innovation ETF has a fifty-two week low of $33.00 and a fifty-two week high of $88.96.

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

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