Bay Harbor Wealth Management LLC Has $51,000 Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Bay Harbor Wealth Management LLC lessened its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 31.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,073 shares of the company’s stock after selling 487 shares during the quarter. Bay Harbor Wealth Management LLC’s holdings in ARK Innovation ETF were worth $51,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ARKK. Banco Santander S.A. boosted its holdings in ARK Innovation ETF by 8.5% during the first quarter. Banco Santander S.A. now owns 16,516 shares of the company’s stock worth $827,000 after purchasing an additional 1,290 shares during the last quarter. Atria Investments Inc acquired a new position in ARK Innovation ETF during the first quarter valued at approximately $1,335,000. Mather Group LLC. grew its stake in ARK Innovation ETF by 47.4% in the second quarter. Mather Group LLC. now owns 1,079 shares of the company’s stock valued at $47,000 after purchasing an additional 347 shares in the last quarter. Advisory Services Network LLC increased its position in shares of ARK Innovation ETF by 433.1% during the 1st quarter. Advisory Services Network LLC now owns 63,977 shares of the company’s stock worth $3,204,000 after purchasing an additional 51,977 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in ARK Innovation ETF during the second quarter worth $37,000.

ARK Innovation ETF Stock Up 0.6 %

Shares of ARKK stock opened at $47.67 on Friday. ARK Innovation ETF has a 52-week low of $33.76 and a 52-week high of $54.52. The firm’s 50-day moving average is $45.84 and its 200-day moving average is $44.93.

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.