Bryn Mawr Capital Management LLC Sells 444 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Bryn Mawr Capital Management LLC lowered its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,480 shares of the company’s stock after selling 444 shares during the period. Bryn Mawr Capital Management LLC’s holdings in ARK Innovation ETF were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in ARKK. Clear Creek Financial Management LLC lifted its stake in ARK Innovation ETF by 1.7% during the 4th quarter. Clear Creek Financial Management LLC now owns 14,042 shares of the company’s stock valued at $735,000 after acquiring an additional 229 shares during the period. Signaturefd LLC lifted its position in ARK Innovation ETF by 3.5% during the third quarter. Signaturefd LLC now owns 7,496 shares of the company’s stock valued at $297,000 after purchasing an additional 255 shares during the period. Private Trust Co. NA lifted its position in ARK Innovation ETF by 8.0% during the third quarter. Private Trust Co. NA now owns 3,679 shares of the company’s stock valued at $146,000 after purchasing an additional 271 shares during the period. Diligent Investors LLC boosted its holdings in ARK Innovation ETF by 3.5% in the fourth quarter. Diligent Investors LLC now owns 9,052 shares of the company’s stock worth $474,000 after purchasing an additional 305 shares during the last quarter. Finally, Lindbrook Capital LLC grew its position in ARK Innovation ETF by 77.5% in the 3rd quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the period.

ARK Innovation ETF Price Performance

NYSEARCA ARKK opened at $44.07 on Friday. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52. The business’s fifty day moving average price is $48.15 and its 200-day moving average price is $46.43.

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.