Strategic Blueprint LLC Sells 3,317 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Strategic Blueprint LLC cut its position in ARK Innovation ETF (NYSEARCA:ARKK) by 11.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,282 shares of the company’s stock after selling 3,317 shares during the quarter. Strategic Blueprint LLC’s holdings in ARK Innovation ETF were worth $1,202,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in ARK Innovation ETF by 5,773.2% in the 3rd 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. Granite Bay Wealth Management LLC raised its position in shares of ARK Innovation ETF by 3,969.2% in the second quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock valued at $62,559,000 after purchasing an additional 1,357,875 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in shares of ARK Innovation ETF by 120.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after buying an additional 774,315 shares in the last quarter. McCarthy & Cox purchased a new stake in shares of ARK Innovation ETF during the 1st quarter valued at approximately $16,409,000. Finally, Cowen AND Company LLC boosted its holdings in ARK Innovation ETF by 1,048.3% in the 2nd quarter. Cowen AND Company LLC now owns 275,950 shares of the company’s stock worth $12,128,000 after buying an additional 251,918 shares during the period.

ARK Innovation ETF Price Performance

Shares of ARKK stock opened at $48.41 on Wednesday. The company’s fifty day simple moving average is $45.99 and its two-hundred day simple moving average is $44.90. ARK Innovation ETF has a 1 year low of $33.76 and a 1 year high of $54.52.

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.