ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Total Investment Management Inc.

Total Investment Management Inc. cut its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 99.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,711 shares of the company’s stock after selling 1,326,921 shares during the quarter. Total Investment Management Inc.’s holdings in ARK Innovation ETF were worth $665,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Clear Harbor Asset Management LLC boosted its position in ARK Innovation ETF by 2.3% during the third quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock worth $586,000 after acquiring an additional 282 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in ARK Innovation ETF by 3.1% in the 3rd 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. Perigon Wealth Management LLC boosted its holdings in ARK Innovation ETF by 3.6% in the 4th quarter. Perigon Wealth Management LLC now owns 11,986 shares of the company’s stock valued at $704,000 after purchasing an additional 421 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in ARK Innovation ETF by 3.3% in the 4th quarter. Focus Financial Network Inc. now owns 13,020 shares of the company’s stock valued at $739,000 after purchasing an additional 422 shares during the last quarter. Finally, Summit Investment Advisory Services LLC boosted its holdings in ARK Innovation ETF by 4.1% in the 4th quarter. Summit Investment Advisory Services LLC now owns 10,731 shares of the company’s stock valued at $609,000 after purchasing an additional 424 shares during the last quarter.

ARK Innovation ETF Trading Up 3.5 %

NYSEARCA:ARKK opened at $67.02 on Monday. The company’s 50-day moving average is $60.69 and its two-hundred day moving average is $52.54. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $67.16.

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.