3,827 Shares in ARK Innovation ETF (NYSEARCA:ARKK) Bought by Sage Investment Advisers LLC

Sage Investment Advisers LLC bought a new stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,827 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds also recently made changes to their positions in ARKK. Lindbrook Capital LLC lifted its holdings in ARK Innovation ETF by 77.5% during the third quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock valued at $28,000 after purchasing an additional 310 shares during the last quarter. Oliver Lagore Vanvalin Investment Group boosted its holdings in ARK Innovation ETF by 103.3% in the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 738 shares of the company’s stock worth $29,000 after buying an additional 375 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in ARK Innovation ETF during the 3rd quarter valued at $31,000. Annapolis Financial Services LLC lifted its position in shares of ARK Innovation ETF by 395.9% during the third quarter. Annapolis Financial Services LLC now owns 838 shares of the company’s stock worth $33,000 after acquiring an additional 669 shares in the last quarter. Finally, Headinvest LLC bought a new position in shares of ARK Innovation ETF in the third quarter worth $37,000.

ARK Innovation ETF Stock Performance

ARKK traded down $1.12 during trading on Wednesday, reaching $44.43. 9,566,516 shares of the company were exchanged, compared to its average volume of 13,997,319. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52. The company’s 50-day moving average is $47.55 and its two-hundred day moving average is $46.83.

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.