Oxler Private Wealth LLC Reduces Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Oxler Private Wealth LLC reduced its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 36.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,664 shares of the company’s stock after selling 2,669 shares during the quarter. Oxler Private Wealth LLC’s holdings in ARK Innovation ETF were worth $265,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Global Trust Asset Management LLC raised its stake in ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 550 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of ARK Innovation ETF during the third quarter worth about $76,000. Hobbs Group Advisors LLC purchased a new stake in shares of ARK Innovation ETF in the 3rd quarter valued at about $86,000. Advisors Management Group Inc. ADV acquired a new stake in shares of ARK Innovation ETF in the 4th quarter valued at about $224,000. Finally, SFG Wealth Management LLC. purchased a new position in ARK Innovation ETF during the 4th quarter worth approximately $224,000.

ARK Innovation ETF Trading Down 1.0 %

Shares of NYSEARCA ARKK opened at $62.87 on Friday. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $64.73. The stock has a 50 day moving average of $59.67 and a two-hundred day moving average of $51.19.

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.