Gilbert & Cook Inc. Sells 833 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Gilbert & Cook Inc. reduced its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 14.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,741 shares of the company’s stock after selling 833 shares during the quarter. Gilbert & Cook Inc.’s holdings in ARK Innovation ETF were worth $269,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC increased its holdings in ARK Innovation ETF by 5,773.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after purchasing an additional 1,562,287 shares in the last quarter. Total Investment Management Inc. grew 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 buying an additional 193,251 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in ARK Innovation ETF in the 3rd quarter valued at approximately $6,545,000. Claro Advisors LLC lifted its stake in ARK Innovation ETF by 1,588.1% in the 3rd quarter. Claro Advisors LLC now owns 123,266 shares of the company’s stock valued at $5,859,000 after acquiring an additional 115,964 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in ARK Innovation ETF by 1,040.4% during the 3rd quarter. SG Americas Securities LLC now owns 107,076 shares of the company’s stock worth $5,089,000 after acquiring an additional 97,687 shares during the last quarter.

ARK Innovation ETF Trading Up 2.7 %

NYSEARCA ARKK opened at $63.51 on Friday. The firm’s 50 day moving average is $59.49 and its 200-day moving average is $51.11. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $64.03.

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.