Signaturefd LLC Sells 298 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Signaturefd LLC cut its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,198 shares of the company’s stock after selling 298 shares during the period. Signaturefd LLC’s holdings in ARK Innovation ETF were worth $377,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ARKK. Clear Creek Financial Management LLC increased its position in shares of ARK Innovation ETF by 1.7% in the fourth quarter. Clear Creek Financial Management LLC now owns 14,042 shares of the company’s stock valued at $735,000 after acquiring an additional 229 shares during the period. Private Trust Co. NA increased its position in shares of ARK Innovation ETF by 8.0% in the third quarter. Private Trust Co. NA now owns 3,679 shares of the company’s stock valued at $146,000 after acquiring an additional 271 shares during the period. Diligent Investors LLC increased its position in shares of ARK Innovation ETF by 3.5% during the fourth quarter. Diligent Investors LLC now owns 9,052 shares of the company’s stock valued at $474,000 after buying an additional 305 shares during the period. Lindbrook Capital LLC increased its position in shares of ARK Innovation ETF by 77.5% during the third quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock valued at $28,000 after buying an additional 310 shares during the period. Finally, Sound Income Strategies LLC increased its position in shares of ARK Innovation ETF by 10.1% during the fourth quarter. Sound Income Strategies LLC now owns 3,452 shares of the company’s stock valued at $181,000 after buying an additional 318 shares during the period.

ARK Innovation ETF Trading Down 0.7 %

Shares of NYSEARCA ARKK opened at $43.61 on Friday. ARK Innovation ETF has a 1 year low of $33.76 and a 1 year high of $54.52. The company’s 50-day moving average is $48.28 and its 200 day moving average is $46.35.

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.