Pacific Sun Financial Corp Has $235,000 Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Pacific Sun Financial Corp trimmed its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 9.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,946 shares of the company’s stock after selling 500 shares during the period. Pacific Sun Financial Corp’s holdings in ARK Innovation ETF were worth $235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Westside Investment Management Inc. lifted its holdings in ARK Innovation ETF by 107.1% in the first quarter. Westside Investment Management Inc. now owns 580 shares of the company’s stock valued at $29,000 after buying an additional 300 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of ARK Innovation ETF in the second quarter worth about $26,000. GoalVest Advisory LLC increased its stake in ARK Innovation ETF by 124.8% during the 1st quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock worth $34,000 after purchasing an additional 372 shares in the last quarter. Hershey Financial Advisers LLC bought a new position in ARK Innovation ETF in the second quarter valued at approximately $32,000. Finally, Mather Group LLC. acquired a new position in shares of ARK Innovation ETF in the first quarter valued at approximately $38,000.

ARK Innovation ETF Trading Up 1.3 %

Shares of NYSEARCA:ARKK traded up $0.61 during midday trading on Friday, reaching $46.78. 2,542,055 shares of the company were exchanged, compared to its average volume of 10,529,139. ARK Innovation ETF has a fifty-two week low of $33.76 and a fifty-two week high of $54.52. The stock has a fifty day simple moving average of $44.59 and a two-hundred day simple moving average of $45.06.

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.