Allworth Financial LP lowered its stake in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 26.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 29,803 shares of the company’s stock after selling 10,690 shares during the quarter. Allworth Financial LP’s holdings in ARK Innovation ETF were worth $1,202,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently added to or reduced their stakes in ARKK. Moneta Group Investment Advisors LLC grew its holdings in shares of ARK Innovation ETF by 86,013.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,038,508 shares of the company’s stock worth $282,363,000 after buying an additional 9,028,012 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of ARK Innovation ETF by 674.4% during the fourth quarter. Jane Street Group LLC now owns 1,546,330 shares of the company’s stock worth $48,307,000 after buying an additional 1,346,643 shares in the last quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd grew its holdings in shares of ARK Innovation ETF by 13.7% during the fourth quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd now owns 8,052,500 shares of the company’s stock worth $251,560,000 after buying an additional 969,400 shares in the last quarter. Ronald Blue Trust Inc. grew its holdings in shares of ARK Innovation ETF by 243,728.0% during the fourth quarter. Ronald Blue Trust Inc. now owns 941,176 shares of the company’s stock worth $35,511,000 after buying an additional 940,790 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of ARK Innovation ETF by 154.2% during the fourth quarter. UBS Group AG now owns 1,405,472 shares of the company’s stock worth $43,907,000 after buying an additional 852,504 shares in the last quarter.
ARK Innovation ETF Price Performance
Shares of ARKK opened at $44.13 on Friday. ARK Innovation ETF has a 12-month low of $29.43 and a 12-month high of $53.86. The firm has a 50-day moving average price of $40.15 and a 200 day moving average price of $38.34.
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.
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