Mount Yale Investment Advisors LLC cut its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,818 shares of the company’s stock after selling 6,956 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in ARK Innovation ETF were worth $3,907,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Global Trust Asset Management LLC boosted its position in shares of ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in ARK Innovation ETF during the 2nd quarter worth approximately $32,000. Strategic Investment Solutions Inc. IL bought a new position in ARK Innovation ETF in the second quarter worth approximately $34,000. Brown Brothers Harriman & Co. acquired a new stake in ARK Innovation ETF in the third quarter valued at approximately $76,000. Finally, Hobbs Group Advisors LLC bought a new stake in shares of ARK Innovation ETF during the third quarter valued at approximately $86,000.
ARK Innovation ETF Trading Down 0.6 %
Shares of ARKK opened at $62.33 on Monday. The business’s fifty day moving average is $59.13 and its 200 day moving average is $50.78. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $63.61.
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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