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flag ARK's space and innovation ETFs surged past key averages, drawing mixed institutional investor responses.

flag The ARK Space Exploration & Innovation ETF, ARCAX, crossed above its 200-day moving average, reaching $18.59. flag Institutional investors like 7 Ridges Capital increased their stakes. flag Meanwhile, the ARK Innovation ETF, ARKK, saw varied adjustments from institutional investors, with some reducing holdings and others increasing. flag Both ETFs focus on disruptive innovation and space technology, with ARKK also showing a rise above its 200-day moving average.

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