Carnegie Investment Counsel Has $1.12 Million Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Carnegie Investment Counsel cut its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 6.6% in the fourth quarter, Holdings Channel reports. The firm owned 19,795 shares of the company’s stock after selling 1,401 shares during the period. Carnegie Investment Counsel’s holdings in ARK Innovation ETF were worth $1,124,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Clear Harbor Asset Management LLC raised its stake in shares of ARK Innovation ETF by 2.3% in the 3rd quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock valued at $586,000 after buying an additional 282 shares in the last quarter. Straight Path Wealth Management raised its position in ARK Innovation ETF by 2.7% in the second quarter. Straight Path Wealth Management now owns 13,230 shares of the company’s stock worth $581,000 after purchasing an additional 350 shares in the last quarter. D.A. Davidson & CO. raised its position in ARK Innovation ETF by 3.1% in the third quarter. D.A. Davidson & CO. now owns 12,172 shares of the company’s stock worth $579,000 after purchasing an additional 361 shares in the last quarter. Saxon Interests Inc. lifted its stake in ARK Innovation ETF by 6.9% during the third quarter. Saxon Interests Inc. now owns 6,520 shares of the company’s stock worth $310,000 after purchasing an additional 419 shares during the period. Finally, Legacy Private Trust Co. boosted its holdings in ARK Innovation ETF by 1.4% during the third quarter. Legacy Private Trust Co. now owns 33,125 shares of the company’s stock valued at $1,574,000 after purchasing an additional 449 shares in the last quarter.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $59.61 on Friday. The business has a 50 day simple moving average of $58.52 and a 200 day simple moving average of $50.23. ARK Innovation ETF has a one year low of $36.85 and a one year high of $63.44.

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.