ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lessened its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,709 shares of the company’s stock after selling 252 shares during the quarter. Financial Advocates Investment Management’s holdings in ARK Innovation ETF were worth $324,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Clear Harbor Asset Management LLC boosted its holdings in ARK Innovation ETF by 2.3% in the third quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock valued at $586,000 after acquiring an additional 282 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of ARK Innovation ETF by 3.1% in the 3rd quarter. D.A. Davidson & CO. now owns 12,172 shares of the company’s stock worth $579,000 after purchasing an additional 361 shares during the period. Perigon Wealth Management LLC lifted its stake in shares of ARK Innovation ETF by 3.6% in the 4th quarter. Perigon Wealth Management LLC now owns 11,986 shares of the company’s stock valued at $704,000 after purchasing an additional 421 shares in the last quarter. Summit Investment Advisory Services LLC grew its holdings 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 worth $609,000 after purchasing an additional 424 shares during the period. Finally, Great Valley Advisor Group Inc. increased its position in ARK Innovation ETF by 2.2% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 22,030 shares of the company’s stock worth $1,047,000 after purchasing an additional 480 shares in the last quarter.

ARK Innovation ETF Stock Performance

NYSEARCA ARKK opened at $62.76 on Monday. ARK Innovation ETF has a one year low of $36.85 and a one year high of $64.72. The company’s 50 day moving average price is $60.37 and its 200 day moving average price is $51.85.

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.