Csenge Advisory Group cut its position in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,373 shares of the company’s stock after selling 1,434 shares during the period. Csenge Advisory Group’s holdings in ARK Innovation ETF were worth $920,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new position in shares of ARK Innovation ETF in the fourth quarter valued at approximately $26,000. Westside Investment Management Inc. lifted its position in shares of ARK Innovation ETF by 107.1% during the first quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock valued at $29,000 after purchasing an additional 300 shares in the last quarter. GoalVest Advisory LLC boosted its holdings in ARK Innovation ETF by 124.8% during the first quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock worth $34,000 after purchasing an additional 372 shares during the last quarter. Headinvest LLC bought a new stake in ARK Innovation ETF in the 3rd quarter worth about $37,000. Finally, Mather Group LLC. purchased a new stake in ARK Innovation ETF in the 1st quarter valued at about $38,000.
ARK Innovation ETF Stock Performance
Shares of NYSEARCA ARKK opened at $45.71 on Friday. The stock’s 50 day moving average price is $44.44 and its 200-day moving average price is $46.91. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52.
ARK Innovation ETF Profile
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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