ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Trading Up 64.8% – What’s Next?

Shares of ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) were up 64.8% on Thursday . The company traded as high as $80.67 and last traded at $127.7740. Approximately 133,914 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 124,404 shares. The stock had previously closed at $77.54.

ARK Autonomous Technology & Robotics ETF Trading Up 59.7%

The stock has a market cap of $1.52 billion, a P/E ratio of 32.86 and a beta of 1.40. The company has a 50-day moving average price of $120.08 and a two-hundred day moving average price of $111.37.

ARK Autonomous Technology & Robotics ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a dividend of $0.3059 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 26.0%.

Hedge Funds Weigh In On ARK Autonomous Technology & Robotics ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of ARK Autonomous Technology & Robotics ETF by 12.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,277 shares of the company’s stock worth $4,159,000 after purchasing an additional 4,060 shares in the last quarter. Strategic Blueprint LLC boosted its position in ARK Autonomous Technology & Robotics ETF by 470.1% in the third quarter. Strategic Blueprint LLC now owns 28,796 shares of the company’s stock valued at $3,213,000 after buying an additional 23,745 shares during the last quarter. Strategic Advocates LLC boosted its holdings in shares of ARK Autonomous Technology & Robotics ETF by 2.3% in the 3rd quarter. Strategic Advocates LLC now owns 19,561 shares of the company’s stock valued at $2,182,000 after acquiring an additional 448 shares during the last quarter. Crescent Grove Advisors LLC lifted its holdings in shares of ARK Autonomous Technology & Robotics ETF by 2.2% in the 2nd quarter. Crescent Grove Advisors LLC now owns 13,088 shares of the company’s stock valued at $1,167,000 after buying an additional 284 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in ARK Autonomous Technology & Robotics ETF by 7.8% in the third quarter. NewEdge Advisors LLC now owns 7,534 shares of the company’s stock valued at $840,000 after acquiring an additional 542 shares during the period.

About ARK Autonomous Technology & Robotics ETF

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements. ARKQ was launched on Sep 30, 2014 and is managed by ARK.