ARK Innovation ETF (NYSEARCA:ARKK) Stock Holdings Lowered by Glassman Wealth Services

Glassman Wealth Services lowered its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 1.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,487 shares of the company’s stock after selling 247 shares during the period. Glassman Wealth Services’ holdings in ARK Innovation ETF were worth $1,178,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Advisory Services Network LLC lifted its holdings in ARK Innovation ETF by 7.6% in the fourth quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock worth $628,000 after purchasing an additional 846 shares during the period. SageView Advisory Group LLC lifted its holdings in ARK Innovation ETF by 6.3% in the fourth quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock worth $567,000 after purchasing an additional 642 shares during the period. Commerce Bank acquired a new stake in ARK Innovation ETF in the fourth quarter worth about $222,000. Tidemark LLC acquired a new stake in ARK Innovation ETF in the fourth quarter worth about $144,000. Finally, CreativeOne Wealth LLC acquired a new stake in ARK Innovation ETF in the fourth quarter worth about $1,158,000.

ARK Innovation ETF Stock Performance

ARKK stock traded up $0.77 during trading on Friday, hitting $44.38. The company had a trading volume of 7,302,867 shares, compared to its average volume of 13,653,137. The business has a 50 day moving average of $46.12 and a 200 day moving average of $47.48. ARK Innovation ETF has a fifty-two week low of $33.76 and a fifty-two week high of $54.52.

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.