Pacific Sun Financial Corp Lowers Position in ARK Innovation ETF (NYSEARCA:ARKK)

Pacific Sun Financial Corp decreased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 15.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,199 shares of the company’s stock after selling 747 shares during the period. Pacific Sun Financial Corp’s holdings in ARK Innovation ETF were worth $238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings 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 purchasing an additional 1,562,287 shares in the last quarter. Total Investment Management Inc. increased its position in shares of ARK Innovation ETF by 16.9% during the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after purchasing an additional 193,251 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of ARK Innovation ETF during the 4th quarter worth about $514,000. Ascension Capital Advisors Inc. boosted its holdings in ARK Innovation ETF by 32.0% during the 3rd quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after acquiring an additional 86,382 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in ARK Innovation ETF by 33.3% during the 3rd quarter. Private Advisor Group LLC now owns 326,578 shares of the company’s stock valued at $15,522,000 after acquiring an additional 81,580 shares during the period.

ARK Innovation ETF Trading Down 1.2 %

Shares of ARKK opened at $65.71 on Thursday. The stock has a 50-day simple moving average of $60.92 and a 200-day simple moving average of $52.89. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $68.43.

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.