Arkadios Wealth Advisors Sells 669 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Arkadios Wealth Advisors lessened its position in ARK Innovation ETF (NYSEARCA:ARKK) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 11,956 shares of the company’s stock after selling 669 shares during the period. Arkadios Wealth Advisors’ holdings in ARK Innovation ETF were worth $679,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of ARKK. International Assets Investment Management LLC raised its stake in shares of ARK Innovation ETF by 5,773.2% in the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after purchasing an additional 1,562,287 shares during the last quarter. Blue Trust Inc. raised its position in ARK Innovation ETF by 3.4% in the 3rd quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock valued at $66,578,000 after buying an additional 50,251 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its stake in ARK Innovation ETF by 120.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after acquiring an additional 774,315 shares in the last quarter. Total Investment Management Inc. raised its holdings in shares of ARK Innovation ETF by 16.9% in the third quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after purchasing an additional 193,251 shares during the last quarter. Finally, Ascension Capital Advisors Inc. lifted its position in shares of ARK Innovation ETF by 32.0% during the third quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after purchasing an additional 86,382 shares in the last quarter.

ARK Innovation ETF Stock Performance

ARKK opened at $59.61 on Tuesday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $63.44. The firm has a 50-day moving average of $58.52 and a 200 day moving average of $50.26.

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.