Trading volumes jump in ARKG and ARKK ETFs, James Seyffart asserts

Trading volumes jump in ARKG and ARKK ETFs, James Seyffart asserts
ARKG and ARKK ETF trading spikes

ARK Invest recorded unusually high trading activity in several of its ETFs, according to James Seyffart. ARKG saw particularly large fund moves as it increased its holdings in BNTX and LLY by over 1 percent, while selling AMGN and other positions.

Seyffart highlighted that this level of ETF turnover is higher than typically observed for the firm.

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