ARK Innovation ETF $ARKK Shares Sold by Blair William & Co. IL

Blair William & Co. IL lowered its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 42.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,421 shares of the company’s stock after selling 19,101 shares during the period. Blair William & Co. IL’s holdings in ARK Innovation ETF were worth $1,857,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group acquired a new position in ARK Innovation ETF during the second quarter worth $28,000. SJS Investment Consulting Inc. boosted its stake in ARK Innovation ETF by 4,410.0% during the second quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock worth $32,000 after buying an additional 441 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in ARK Innovation ETF by 51,200.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock worth $36,000 after buying an additional 512 shares during the last quarter. SVB Wealth LLC acquired a new position in ARK Innovation ETF during the first quarter worth $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in ARK Innovation ETF during the first quarter worth $48,000.

ARK Innovation ETF Stock Down 1.0%

Shares of ARK Innovation ETF stock opened at $86.86 on Wednesday. ARK Innovation ETF has a 52 week low of $38.57 and a 52 week high of $92.65. The business’s fifty day simple moving average is $80.19 and its 200-day simple moving average is $67.01. The firm has a market cap of $8.30 billion, a PE ratio of 50.14 and a beta of 1.64.

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.