ARK Innovation ETF (NYSEARCA:ARKK) Holdings Trimmed by American Financial Advisors LLC

American Financial Advisors LLC cut its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 12.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,131 shares of the company’s stock after selling 5,738 shares during the quarter. American Financial Advisors LLC’s holdings in ARK Innovation ETF were worth $2,278,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ARKK. Clear Harbor Asset Management LLC grew 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 worth $586,000 after purchasing an additional 282 shares during the last quarter. D.A. Davidson & CO. grew 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 buying an additional 361 shares during the last quarter. Perigon Wealth Management LLC grew its position in ARK Innovation ETF by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 11,986 shares of the company’s stock worth $704,000 after buying an additional 421 shares during the last quarter. Focus Financial Network Inc. increased its holdings in shares of ARK Innovation ETF by 3.3% in the fourth quarter. Focus Financial Network Inc. now owns 13,020 shares of the company’s stock valued at $739,000 after buying an additional 422 shares in the last quarter. Finally, Summit Investment Advisory Services LLC lifted its position in shares of ARK Innovation ETF by 4.1% during the 4th quarter. Summit Investment Advisory Services LLC now owns 10,731 shares of the company’s stock valued at $609,000 after acquiring an additional 424 shares during the last quarter.

ARK Innovation ETF Stock Performance

Shares of NYSEARCA ARKK opened at $67.02 on Friday. The stock’s fifty day simple moving average is $60.69 and its 200 day simple moving average is $52.49. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $67.16.

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.