Navis Wealth Advisors LLC Has $300,000 Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Navis Wealth Advisors LLC lessened its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 8.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,279 shares of the company’s stock after selling 497 shares during the period. Navis Wealth Advisors LLC’s holdings in ARK Innovation ETF were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ARKK. International Assets Investment Management LLC increased its stake in ARK Innovation ETF by 5,773.2% during the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock valued at $755,420,000 after acquiring an additional 1,562,287 shares during the period. Total Investment Management Inc. increased its stake in ARK Innovation ETF by 16.9% during the third quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after acquiring an additional 193,251 shares during the period. Y Intercept Hong Kong Ltd bought a new position in ARK Innovation ETF during the third quarter valued at about $6,545,000. Claro Advisors LLC grew its stake in shares of ARK Innovation ETF by 1,588.1% in the 3rd quarter. Claro Advisors LLC now owns 123,266 shares of the company’s stock valued at $5,859,000 after purchasing an additional 115,964 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of ARK Innovation ETF by 1,040.4% in the 3rd quarter. SG Americas Securities LLC now owns 107,076 shares of the company’s stock valued at $5,089,000 after purchasing an additional 97,687 shares during the period.

ARK Innovation ETF Trading Down 0.6 %

ARKK stock opened at $62.33 on Friday. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $63.61. The business’s 50 day moving average is $59.13 and its 200-day moving average is $50.75.

ARK Innovation ETF Company 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.