Principle Wealth Partners LLC Grows Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

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Principle Wealth Partners LLC boosted its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 2.0% in the third quarter, Holdings Channel reports. The fund owned 20,889 shares of the company’s stock after buying an additional 400 shares during the quarter. Principle Wealth Partners LLC’s holdings in ARK Innovation ETF were worth $896,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its holdings in ARK Innovation ETF by 186.5% in the 2nd quarter. Assetmark Inc. now owns 596 shares of the company’s stock worth $29,000 after acquiring an additional 388 shares during the period. Prestige Wealth Management Group LLC purchased a new position in ARK Innovation ETF in the 2nd quarter worth approximately $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in ARK Innovation ETF in the 2nd quarter worth approximately $36,000. Ruggie Capital Group purchased a new position in ARK Innovation ETF in the 2nd quarter worth approximately $38,000. Finally, TRUE Private Wealth Advisors purchased a new position in ARK Innovation ETF in the 2nd quarter worth approximately $39,000.

NYSEARCA ARKK traded up $0.64 on Friday, reaching $45.85. The company had a trading volume of 132,660 shares, compared to its average volume of 305,936. ARK Innovation ETF has a 1 year low of $34.75 and a 1 year high of $49.92. The firm has a 50-day moving average of $43.13 and a 200-day moving average of $44.88.

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Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (NYSEARCA:ARKK).

Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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