ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Claro Advisors LLC

Claro Advisors LLC reduced its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 12.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,374 shares of the company’s stock after selling 928 shares during the period. Claro Advisors LLC’s holdings in ARK Innovation ETF were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in ARK Innovation ETF in the second quarter worth approximately $26,000. Global Trust Asset Management LLC lifted its holdings in shares of ARK Innovation ETF by 550.0% in the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after buying an additional 550 shares during the period. Hershey Financial Advisers LLC bought a new position in ARK Innovation ETF during the second quarter valued at about $32,000. Strategic Investment Solutions Inc. IL acquired a new position in ARK Innovation ETF during the second quarter worth about $34,000. Finally, Opal Wealth Advisors LLC bought a new stake in ARK Innovation ETF in the second quarter worth about $37,000.

ARK Innovation ETF Price Performance

Shares of NYSEARCA ARKK opened at $55.11 on Tuesday. The firm has a 50-day moving average of $47.90 and a two-hundred day moving average of $45.64. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $58.38.

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.