Manchester Capital Management LLC Sells 656 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Manchester Capital Management LLC decreased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 46.6% in the 4th quarter, Holdings Channel reports. The firm owned 752 shares of the company’s stock after selling 656 shares during the quarter. Manchester Capital Management LLC’s holdings in ARK Innovation ETF were worth $43,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its stake in shares of ARK Innovation ETF by 5,773.2% in the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock valued at $755,420,000 after acquiring an additional 1,562,287 shares in the last quarter. Blue Trust Inc. increased its stake in shares of ARK Innovation ETF by 3.4% in the 3rd quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock valued at $66,578,000 after acquiring an additional 50,251 shares in the last quarter. Total Investment Management Inc. increased its stake in shares of ARK Innovation ETF by 16.9% in the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after acquiring an additional 193,251 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter valued at $514,000. Finally, Ascension Capital Advisors Inc. increased its stake in shares of ARK Innovation ETF by 32.0% in the 3rd quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after acquiring an additional 86,382 shares in the last quarter.

ARK Innovation ETF Trading Up 3.5 %

NYSEARCA:ARKK opened at $67.02 on Friday. The company has a fifty day moving average of $60.69 and a 200-day moving average of $52.49. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $67.16.

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.