Centaurus Financial Inc. Sells 789 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Centaurus Financial Inc. lowered its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 11.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,836 shares of the company’s stock after selling 789 shares during the period. Centaurus Financial Inc.’s holdings in ARK Innovation ETF were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC bought a new position in shares of ARK Innovation ETF during the 2nd quarter valued at about $26,000. Global Trust Asset Management LLC raised its position in ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after buying an additional 550 shares during the last quarter. Hershey Financial Advisers LLC acquired a new stake in ARK Innovation ETF in the 2nd quarter valued at approximately $32,000. Strategic Investment Solutions Inc. IL acquired a new stake in ARK Innovation ETF in the 2nd quarter valued at approximately $34,000. Finally, Opal Wealth Advisors LLC acquired a new stake in ARK Innovation ETF in the 2nd quarter valued at approximately $37,000.

ARK Innovation ETF Price Performance

Shares of ARK Innovation ETF stock opened at $57.15 on Thursday. The business’s 50 day simple moving average is $49.68 and its 200 day simple moving average is $46.26. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $58.38.

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.