Assetmark Inc. reduced its position in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 7.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 22,486 shares of the company’s stock after selling 1,882 shares during the quarter. Assetmark Inc.’s holdings in ARK Innovation ETF were worth $907,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cibc World Market Inc. lifted its position in ARK Innovation ETF by 5.0% in the first quarter. Cibc World Market Inc. now owns 76,845 shares of the company’s stock worth $5,094,000 after buying an additional 3,684 shares during the last quarter. Candriam Luxembourg S.C.A. lifted its position in ARK Innovation ETF by 100.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 35,520 shares of the company’s stock worth $2,355,000 after buying an additional 17,760 shares during the last quarter. Wsfs Capital Management LLC lifted its position in ARK Innovation ETF by 22.9% in the first quarter. Wsfs Capital Management LLC now owns 7,776 shares of the company’s stock worth $515,000 after buying an additional 1,447 shares during the last quarter. Prudential Financial Inc. lifted its position in ARK Innovation ETF by 26.7% in the first quarter. Prudential Financial Inc. now owns 8,554 shares of the company’s stock worth $567,000 after buying an additional 1,800 shares during the last quarter. Finally, Laurel Wealth Advisors Inc. lifted its position in ARK Innovation ETF by 46.5% in the first quarter. Laurel Wealth Advisors Inc. now owns 58,171 shares of the company’s stock worth $3,856,000 after buying an additional 18,454 shares during the last quarter.
ARK Innovation ETF Stock Performance
Shares of ARKK opened at $42.98 on Friday. The business has a fifty day moving average of $45.31 and a 200 day moving average of $41.12. ARK Innovation ETF has a 52-week low of $29.43 and a 52-week high of $53.86.
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.
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