ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by SimpliFi Inc.

SimpliFi Inc. lowered its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 18.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,501 shares of the company’s stock after selling 1,245 shares during the quarter. SimpliFi Inc.’s holdings in ARK Innovation ETF were worth $261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC raised its stake in ARK Innovation ETF by 5,773.2% in the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock valued at $755,420,000 after purchasing an additional 1,562,287 shares during the last quarter. Private Advisor Group LLC grew its holdings 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 buying an additional 81,580 shares in the last quarter. Rodgers & Associates LTD raised its position in shares of ARK Innovation ETF by 18.9% in the third quarter. Rodgers & Associates LTD now owns 13,070 shares of the company’s stock valued at $654,000 after buying an additional 2,073 shares during the last quarter. Venture Visionary Partners LLC lifted its stake in shares of ARK Innovation ETF by 4.8% in the third quarter. Venture Visionary Partners LLC now owns 266,838 shares of the company’s stock worth $12,683,000 after buying an additional 12,252 shares in the last quarter. Finally, Retirement Guys Formula LLC acquired a new position in ARK Innovation ETF during the third quarter worth about $707,000.

ARK Innovation ETF Trading Down 2.9 %

ARKK stock opened at $45.76 on Thursday. The firm has a 50-day moving average of $45.70 and a two-hundred day moving average of $44.91. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month 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.