Curran Financial Partners LLC Sells 632 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Curran Financial Partners LLC trimmed its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 7.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,743 shares of the company’s stock after selling 632 shares during the quarter. Curran Financial Partners LLC’s holdings in ARK Innovation ETF were worth $406,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. TRUE Private Wealth Advisors boosted its stake in ARK Innovation ETF by 192.8% in the 4th quarter. TRUE Private Wealth Advisors now owns 69,703 shares of the company’s stock worth $3,650,000 after purchasing an additional 45,895 shares during the period. Scissortail Wealth Management LLC bought a new position in ARK Innovation ETF in the 4th quarter worth approximately $311,000. RFG Holdings Inc. bought a new position in ARK Innovation ETF in the 4th quarter worth approximately $280,000. Capital Analysts LLC boosted its stake in ARK Innovation ETF by 13.1% in the 4th quarter. Capital Analysts LLC now owns 3,952 shares of the company’s stock worth $207,000 after purchasing an additional 457 shares during the period. Finally, CTC Alternative Strategies Ltd. bought a new position in ARK Innovation ETF in the 4th quarter worth approximately $377,000.

ARK Innovation ETF Stock Performance

NYSEARCA:ARKK traded up $0.62 during midday trading on Thursday, hitting $43.64. 4,629,975 shares of the company traded hands, compared to its average volume of 14,306,266. The firm’s fifty day moving average is $49.07 and its 200-day moving average is $46.22. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52.

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.