ARK Innovation ETF $ARKK Shares Sold by FSC Wealth Advisors LLC

FSC Wealth Advisors LLC decreased its position in ARK Innovation ETF (BATS:ARKK) by 85.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,151 shares of the company’s stock after selling 17,914 shares during the period. ARK Innovation ETF makes up about 4.1% of FSC Wealth Advisors LLC’s portfolio, making the stock its 11th biggest holding. FSC Wealth Advisors LLC’s holdings in ARK Innovation ETF were worth $213,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ARKK. Orion Porfolio Solutions LLC increased its holdings in shares of ARK Innovation ETF by 8,291.5% in the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock valued at $113,120,000 after purchasing an additional 1,590,149 shares during the period. State of Wisconsin Investment Board boosted its position in ARK Innovation ETF by 95.8% in the fourth quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock valued at $215,710,000 after buying an additional 1,372,438 shares during the last quarter. BW Gestao de Investimentos Ltda. increased its holdings in ARK Innovation ETF by 108.8% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 87,577 shares of the company’s stock worth $6,736,000 after buying an additional 1,087,577 shares during the period. Qube Research & Technologies Ltd increased its holdings in ARK Innovation ETF by 634.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock worth $76,386,000 after buying an additional 764,653 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in ARK Innovation ETF by 620.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 650,621 shares of the company’s stock worth $50,046,000 after buying an additional 560,286 shares during the last quarter.

ARK Innovation ETF Trading Down 0.2%

ARKK opened at $76.54 on Friday. ARK Innovation ETF has a 12-month low of $62.94 and a 12-month high of $92.65. The firm has a 50 day moving average of $77.47 and a two-hundred day moving average of $75.92. The firm has a market capitalization of $7.24 billion, a PE ratio of 50.14 and a beta of 1.92.

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 issued by ARK.