Patriot Financial Group Insurance Agency LLC Trims Position in ARK Innovation ETF (NYSEARCA:ARKK)

Patriot Financial Group Insurance Agency LLC cut its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 17.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,933 shares of the company’s stock after selling 5,652 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in ARK Innovation ETF were worth $1,529,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC increased its position in shares of ARK Innovation ETF by 5,773.2% during the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after acquiring an additional 1,562,287 shares during the last quarter. Blue Trust Inc. increased its holdings in ARK Innovation ETF by 3.4% in the third quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock valued at $66,578,000 after buying an additional 50,251 shares during the last quarter. Total Investment Management Inc. raised its holdings in shares of ARK Innovation ETF by 16.9% during the third quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after purchasing an additional 193,251 shares during the period. Ascension Capital Advisors Inc. lifted its stake in ARK Innovation ETF by 32.0% in the third quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after buying an additional 86,382 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in shares of ARK Innovation ETF by 33.3% during the third quarter. Private Advisor Group LLC now owns 326,578 shares of the company’s stock worth $15,522,000 after acquiring an additional 81,580 shares during the last quarter.

ARK Innovation ETF Price Performance

ARK Innovation ETF stock opened at $60.77 on Tuesday. The firm has a 50-day moving average price of $59.13 and a two-hundred day moving average price of $50.82. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $63.61.

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.