Relyea Zuckerberg Hanson LLC cut its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 3.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,112 shares of the company’s stock after selling 507 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in ARK Innovation ETF were worth $744,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of ARKK. Global Trust Asset Management LLC lifted its holdings in shares of ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 550 shares in the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of ARK Innovation ETF in the second quarter valued at about $32,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ARK Innovation ETF during the second quarter valued at approximately $34,000. Brown Brothers Harriman & Co. acquired a new position in ARK Innovation ETF in the 3rd quarter worth $76,000. Finally, Hobbs Group Advisors LLC acquired a new stake in ARK Innovation ETF during the 3rd quarter valued at approximately $86,000.
ARK Innovation ETF Stock Up 1.9 %
Shares of NYSEARCA:ARKK traded up $1.13 on Friday, reaching $59.87. 867,759 shares of the company’s stock were exchanged, compared to its average volume of 8,601,719. The business’s 50-day moving average is $58.29 and its two-hundred day moving average is $50.03. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $63.44.
ARK Innovation ETF 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.
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