Sovereign Financial Group Inc. lowered its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 20.2% during the 3rd quarter, Holdings Channel reports. The fund owned 7,201 shares of the company’s stock after selling 1,825 shares during the period. Sovereign Financial Group Inc.’s holdings in ARK Innovation ETF were worth $342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of ARK Innovation ETF during the second quarter valued at $26,000. Westside Investment Management Inc. grew its position in ARK Innovation ETF by 107.1% in the 1st quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock valued at $29,000 after buying an additional 300 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in ARK Innovation ETF during the 2nd quarter valued at about $32,000. GoalVest Advisory LLC raised its position in shares of ARK Innovation ETF by 124.8% during the 1st quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock worth $34,000 after buying an additional 372 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of ARK Innovation ETF in the 2nd quarter worth approximately $34,000.
ARK Innovation ETF Trading Up 0.0 %
NYSEARCA ARKK opened at $46.66 on Thursday. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52. The company’s 50 day simple moving average is $44.51 and its 200 day simple moving average is $45.04.
ARK Innovation ETF Company 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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