ARK Innovation ETF $ARKK Shares Sold by FSC Wealth Advisors LLC

FSC Wealth Advisors LLC decreased its stake in ARK Innovation ETF (BATS:ARKK) by 85.0% during the first quarter, Holdings Channel reports. The institutional investor owned 3,151 shares of the company’s stock after selling 17,914 shares during the quarter. ARK Innovation ETF makes up approximately 4.1% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest position. FSC Wealth Advisors LLC’s holdings in ARK Innovation ETF were worth $213,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. D.A. Davidson & CO. lifted its stake in shares of ARK Innovation ETF by 1.2% in the 4th quarter. D.A. Davidson & CO. now owns 11,315 shares of the company’s stock valued at $870,000 after purchasing an additional 133 shares during the period. Graney & King LLC raised its position in shares of ARK Innovation ETF by 16.6% in the third quarter. Graney & King LLC now owns 998 shares of the company’s stock worth $86,000 after acquiring an additional 142 shares during the period. Transcend Capital Advisors LLC boosted its stake in shares of ARK Innovation ETF by 5.2% during the 4th quarter. Transcend Capital Advisors LLC now owns 3,031 shares of the company’s stock worth $233,000 after acquiring an additional 150 shares in the last quarter. Financial Engines Advisors L.L.C. grew its position in shares of ARK Innovation ETF by 5.4% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,931 shares of the company’s stock valued at $225,000 after acquiring an additional 150 shares during the period. Finally, BridgePort Financial Solutions LLC grew its position in shares of ARK Innovation ETF by 1.9% during the 4th quarter. BridgePort Financial Solutions LLC now owns 8,255 shares of the company’s stock valued at $635,000 after acquiring an additional 153 shares during the period.

ARK Innovation ETF Stock Down 0.2%

Shares of ARK Innovation ETF stock opened at $76.54 on Friday. The firm has a market cap of $7.24 billion, a PE ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a twelve month low of $62.94 and a twelve month high of $92.65. The business has a 50-day moving average price of $77.47 and a 200 day moving average price of $75.92.

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 issued by ARK.