Integral Investment Advisors Inc. reduced its position in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 55.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,945 shares of the company’s stock after selling 29,665 shares during the period. Integral Investment Advisors Inc.’s holdings in ARK Innovation ETF were worth $1,359,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of ARKK. Global Trust Asset Management LLC boosted its holdings in shares of ARK Innovation ETF by 550.0% during the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in ARK Innovation ETF in the 4th quarter valued at about $68,000. Brown Brothers Harriman & Co. purchased a new stake in ARK Innovation ETF in the 3rd quarter valued at about $76,000. Hobbs Group Advisors LLC purchased a new stake in ARK Innovation ETF in the 3rd quarter valued at about $86,000. Finally, Bank of Jackson Hole Trust purchased a new stake in ARK Innovation ETF in the 4th quarter valued at about $114,000.
ARK Innovation ETF Stock Performance
ARK Innovation ETF stock opened at $60.20 on Friday. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $68.43. The firm has a 50 day moving average price of $61.04 and a 200 day moving average price of $53.20.
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.
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