Clarus Wealth Advisors Has $697,000 Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Clarus Wealth Advisors decreased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,291 shares of the company’s stock after selling 643 shares during the period. Clarus Wealth Advisors’ holdings in ARK Innovation ETF were worth $697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new stake in ARK Innovation ETF during the second quarter worth approximately $26,000. Global Trust Asset Management LLC raised its position in shares of ARK Innovation ETF by 550.0% in the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares during the period. Hershey Financial Advisers LLC bought a new stake in shares of ARK Innovation ETF during the 2nd quarter worth $32,000. Strategic Investment Solutions Inc. IL bought a new position in ARK Innovation ETF in the 2nd quarter worth $34,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of ARK Innovation ETF in the third quarter valued at about $76,000.

ARK Innovation ETF Price Performance

NYSEARCA ARKK opened at $56.41 on Wednesday. The stock has a 50-day simple moving average of $58.16 and a 200 day simple moving average of $49.97. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.44.

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.