ARK Innovation ETF $ARKK Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors decreased its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 37.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,105 shares of the company’s stock after selling 10,655 shares during the period. Atlas Private Wealth Advisors’ holdings in ARK Innovation ETF were worth $1,562,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of ARKK. Riggs Asset Managment Co. Inc. boosted its stake in ARK Innovation ETF by 1,635.7% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after buying an additional 458 shares during the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in shares of ARK Innovation ETF by 51,200.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock valued at $36,000 after purchasing an additional 512 shares during the last quarter. Mather Group LLC. acquired a new position in ARK Innovation ETF during the 3rd quarter valued at approximately $62,000. Private Wealth Asset Management LLC raised its stake in ARK Innovation ETF by 331.0% during the 2nd quarter. Private Wealth Asset Management LLC now owns 905 shares of the company’s stock valued at $64,000 after acquiring an additional 695 shares in the last quarter. Finally, Kilter Group LLC acquired a new stake in shares of ARK Innovation ETF in the second quarter valued at $75,000.

ARK Innovation ETF Trading Down 3.6%

Shares of NYSEARCA:ARKK opened at $74.87 on Friday. The business has a fifty day simple moving average of $80.05 and a 200 day simple moving average of $80.22. The firm has a market cap of $7.82 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 1 year low of $38.57 and a 1 year high of $92.65.

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.