Saturday, October 19, 2024
HomeFinnacialTraders buy many ARK Innovation ETF call options

Traders buy many ARK Innovation ETF call options

ARK Innovation ETF Performance

ARKK shares started at $48.03 on Friday. The ETF’s 1-year low is $33.76 and high is $54.52. The 50-day average is $45.40, while the 200-day average is $44.95.

Institutional Investment Updates

Several hedge funds have changed their ARKK holdings recently. Ashton Thomas Private Wealth LLC invested about $26,000 in Q2. Westside Investment Management raised its stake by 107.1% in Q1, now holding 580 shares worth $29,000 after acquiring 300 more. Hershey Financial Advisers and GoalVest Advisory added new positions worth about $32,000 and $34,000, respectively, in Q2 and Q1. Strategic Investment Solutions also bought a new stake in Q2 valued at roughly $34,000.

About ARK Innovation ETF

The ARK Innovation ETF (ARKK), launched on Oct 31, 2014, is actively managed to invest in stocks related to disruptive innovation globally, aiming for long-term capital growth.

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