ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Trilogy Capital Inc.

Trilogy Capital Inc. decreased its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 6.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,150 shares of the company’s stock after selling 410 shares during the quarter. Trilogy Capital Inc.’s holdings in ARK Innovation ETF were worth $349,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Financial Services LLC acquired a new stake in ARK Innovation ETF in the 4th quarter worth about $2,843,000. KPP Advisory Services LLC purchased a new stake in ARK Innovation ETF in the 4th quarter valued at $210,000. Spire Wealth Management increased its stake in shares of ARK Innovation ETF by 118.6% in the 4th quarter. Spire Wealth Management now owns 3,273 shares of the company’s stock worth $186,000 after acquiring an additional 1,776 shares during the last quarter. Caprock Group LLC purchased a new position in shares of ARK Innovation ETF during the 4th quarter worth $293,000. Finally, SteelPeak Wealth LLC purchased a new position in shares of ARK Innovation ETF during the 4th quarter worth $3,512,000.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $62.72 on Friday. The company has a 50-day moving average price of $60.17 and a 200 day moving average price of $51.64. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $64.72.

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.