ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by United Advisor Group LLC

United Advisor Group LLC lessened its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,274 shares of the company’s stock after selling 483 shares during the quarter. United Advisor Group LLC’s holdings in ARK Innovation ETF were worth $1,059,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Banco Santander S.A. boosted its stake in ARK Innovation ETF by 8.5% during the 1st 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 period. Atria Investments Inc purchased a new position in ARK Innovation ETF during the 1st quarter worth $1,335,000. Mather Group LLC. lifted its stake in shares of ARK Innovation ETF by 47.4% in the 2nd quarter. Mather Group LLC. now owns 1,079 shares of the company’s stock worth $47,000 after acquiring an additional 347 shares during the period. Advisory Services Network LLC boosted its holdings in shares of ARK Innovation ETF by 433.1% in the first quarter. Advisory Services Network LLC now owns 63,977 shares of the company’s stock valued at $3,204,000 after acquiring an additional 51,977 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in shares of ARK Innovation ETF during the second quarter worth about $37,000.

ARK Innovation ETF Stock Up 0.1 %

Shares of ARKK opened at $46.68 on Tuesday. The stock’s 50 day moving average is $46.10 and its two-hundred day moving average is $44.99. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month 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.