Signature Estate & Investment Advisors LLC Sells 511 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Signature Estate & Investment Advisors LLC trimmed its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 5.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,636 shares of the company’s stock after selling 511 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in ARK Innovation ETF were worth $410,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Missouri Trust & Investment Co raised its stake in shares of ARK Innovation ETF by 15.2% in the 3rd quarter. Missouri Trust & Investment Co now owns 38,900 shares of the company’s stock valued at $1,849,000 after buying an additional 5,140 shares in the last quarter. Total Investment Management Inc. raised its position in ARK Innovation ETF by 16.9% in the third 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 in the last quarter. Verus Capital Partners LLC lifted its stake in ARK Innovation ETF by 6.6% during the third quarter. Verus Capital Partners LLC now owns 11,903 shares of the company’s stock worth $566,000 after purchasing an additional 740 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its holdings in ARK Innovation ETF by 10.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 30,800 shares of the company’s stock valued at $1,464,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in shares of ARK Innovation ETF in the 3rd quarter valued at approximately $209,000.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $53.46 on Friday. The business has a 50 day simple moving average of $47.90 and a 200 day simple moving average of $45.61. ARK Innovation ETF has a one year low of $36.85 and a one year high of $58.38.

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.