Crescent Grove Advisors LLC Cuts Stock Holdings in ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)

Crescent Grove Advisors LLC cut its stake in ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) by 11.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,764 shares of the company’s stock after selling 1,850 shares during the period. Crescent Grove Advisors LLC owned about 0.09% of ARK Autonomous Technology & Robotics ETF worth $1,063,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in shares of ARK Autonomous Technology & Robotics ETF by 10.3% during the third quarter. JPMorgan Chase & Co. now owns 24,715 shares of the company’s stock worth $1,506,000 after buying an additional 2,313 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in ARK Autonomous Technology & Robotics ETF by 56.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 555 shares of the company’s stock worth $34,000 after acquiring an additional 200 shares in the last quarter. Strategic Blueprint LLC purchased a new stake in shares of ARK Autonomous Technology & Robotics ETF in the 3rd quarter valued at approximately $228,000. Highline Wealth Partners LLC acquired a new stake in shares of ARK Autonomous Technology & Robotics ETF in the 3rd quarter valued at $421,000. Finally, Heritage Wealth Management Inc. purchased a new stake in shares of ARK Autonomous Technology & Robotics ETF during the 2nd quarter worth $215,000.

ARK Autonomous Technology & Robotics ETF Stock Up 9.3 %

BATS:ARKQ opened at $84.77 on Friday. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 28.71 and a beta of 1.56. The company has a 50 day simple moving average of $78.07 and a two-hundred day simple moving average of $65.51.

About ARK Autonomous Technology & Robotics ETF

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.