ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by High Net Worth Advisory Group LLC

High Net Worth Advisory Group LLC decreased its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 15.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,941 shares of the company’s stock after selling 730 shares during the period. High Net Worth Advisory Group LLC’s holdings in ARK Innovation ETF were worth $224,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Summit Investment Advisory Services LLC raised its stake in ARK Innovation ETF by 4.1% in the 4th quarter. Summit Investment Advisory Services LLC now owns 10,731 shares of the company’s stock valued at $609,000 after purchasing an additional 424 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of ARK Innovation ETF by 3.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 34,133 shares of the company’s stock valued at $1,938,000 after buying an additional 985 shares during the last quarter. RFG Advisory LLC purchased a new position in shares of ARK Innovation ETF during the fourth quarter valued at approximately $231,000. Avior Wealth Management LLC boosted its position in ARK Innovation ETF by 13.1% during the fourth quarter. Avior Wealth Management LLC now owns 8,059 shares of the company’s stock worth $458,000 after acquiring an additional 931 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in ARK Innovation ETF by 4.8% in the 4th quarter. SG Americas Securities LLC now owns 112,267 shares of the company’s stock worth $6,373,000 after acquiring an additional 5,191 shares during the period.

ARK Innovation ETF Price Performance

Shares of ARK Innovation ETF stock opened at $62.33 on Monday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $63.61. The business’s fifty day moving average is $59.13 and its two-hundred day moving average is $50.78.

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.