Kraematon Investment Advisors Inc. Lowers Position in ARK Innovation ETF (NYSEARCA:ARKK)

Kraematon Investment Advisors Inc. trimmed its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 9.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,764 shares of the company’s stock after selling 2,475 shares during the quarter. ARK Innovation ETF comprises about 1.4% of Kraematon Investment Advisors Inc.’s holdings, making the stock its 23rd largest position. Kraematon Investment Advisors Inc.’s holdings in ARK Innovation ETF were worth $1,406,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Clear Harbor Asset Management LLC boosted its position in shares of ARK Innovation ETF by 2.3% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock valued at $586,000 after acquiring an additional 282 shares during the last quarter. Straight Path Wealth Management raised its stake in ARK Innovation ETF by 2.7% in the second quarter. Straight Path Wealth Management now owns 13,230 shares of the company’s stock valued at $581,000 after purchasing an additional 350 shares in the last quarter. D.A. Davidson & CO. lifted its position in ARK Innovation ETF by 3.1% during the third quarter. D.A. Davidson & CO. now owns 12,172 shares of the company’s stock valued at $579,000 after purchasing an additional 361 shares during the last quarter. Saxon Interests Inc. increased its holdings in shares of ARK Innovation ETF by 6.9% in the 3rd quarter. Saxon Interests Inc. now owns 6,520 shares of the company’s stock worth $310,000 after buying an additional 419 shares during the last quarter. Finally, Legacy Private Trust Co. lifted its holdings in shares of ARK Innovation ETF by 1.4% during the 3rd quarter. Legacy Private Trust Co. now owns 33,125 shares of the company’s stock worth $1,574,000 after acquiring an additional 449 shares during the last quarter.

ARK Innovation ETF Stock Up 0.1 %

Shares of NYSEARCA:ARKK opened at $58.74 on Friday. The stock’s 50-day moving average price is $58.29 and its 200-day moving average price is $50.03. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $63.44.

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.