Claro Advisors LLC lessened its stake in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 3.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,502 shares of the company’s stock after selling 256 shares during the period. Claro Advisors LLC’s holdings in ARK Innovation ETF were worth $376,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in ARKK. Jones Financial Companies Lllp bought a new stake in ARK Innovation ETF during the fourth quarter valued at $26,000. GoalVest Advisory LLC increased its stake in ARK Innovation ETF by 124.8% during the first quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock valued at $34,000 after purchasing an additional 372 shares during the last quarter. Headinvest LLC bought a new stake in ARK Innovation ETF during the third quarter valued at $37,000. Mather Group LLC. bought a new stake in ARK Innovation ETF during the first quarter valued at $38,000. Finally, Fortitude Family Office LLC bought a new stake in ARK Innovation ETF during the fourth quarter valued at $58,000.
ARK Innovation ETF Stock Up 1.1 %
ARKK stock traded up $0.49 during trading on Monday, hitting $44.44. 9,777,889 shares of the company’s stock traded hands, compared to its average volume of 12,494,129. ARK Innovation ETF has a 52 week low of $33.76 and a 52 week high of $54.52. The stock has a fifty day moving average price of $44.15 and a two-hundred day moving average price of $47.24.
About ARK Innovation ETF
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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