Traders Purchase High Volume of ARK Innovation ETF Call Options (NYSEARCA:ARKK)

ARK Innovation ETF (NYSEARCA:ARKK – Get Free Report) saw unusually large options trading on Thursday. Investors purchased 127,852 call options on the stock. This is an increase of approximately 11% compared to the average volume of 115,050 call options.

ARK Innovation ETF Price Performance

Shares of NYSEARCA:ARKK opened at $49.64 on Friday. ARK Innovation ETF has a 52-week low of $29.43 and a 52-week high of $53.86. The business’s 50 day moving average is $41.97 and its 200 day moving average is $39.14.

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Institutional Trading of ARK Innovation ETF

A number of hedge funds have recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC lifted its holdings in ARK Innovation ETF by 86,013.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,038,508 shares of the company’s stock worth $282,363,000 after buying an additional 9,028,012 shares during the period. SHANDA ASSET MANAGEMENT HOLDINGS Ltd lifted its holdings in shares of 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 valued at $251,560,000 after purchasing an additional 969,400 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of ARK Innovation ETF by 298.6% during 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. LPL Financial LLC lifted its holdings in shares of ARK Innovation ETF by 0.5% during the 1st quarter. LPL Financial LLC now owns 3,557,606 shares of the company’s stock valued at $143,514,000 after purchasing an additional 17,102 shares during the last quarter. Finally, Two Sigma Advisers LP lifted its holdings in shares of ARK Innovation ETF by 282.4% during the 1st quarter. Two Sigma Advisers LP now owns 2,536,400 shares of the company’s stock valued at $102,318,000 after purchasing an additional 1,873,200 shares during the last quarter.

About ARK Innovation ETF

(Get Free Report)

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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