ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Retirement Guys Formula LLC

Retirement Guys Formula LLC lessened its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.5% in the fourth quarter, HoldingsChannel reports. The fund owned 14,357 shares of the company’s stock after selling 524 shares during the period. Retirement Guys Formula LLC’s holdings in ARK Innovation ETF were worth $815,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its stake in shares of 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 worth $755,420,000 after buying an additional 1,562,287 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter worth $514,000. Total Investment Management Inc. raised its stake in shares of ARK Innovation ETF by 16.9% in the 3rd 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 bought a new stake in shares of ARK Innovation ETF in the 3rd quarter worth $6,545,000. Finally, Claro Advisors LLC raised its stake in shares of ARK Innovation ETF by 1,588.1% in the 3rd quarter. Claro Advisors LLC now owns 123,266 shares of the company’s stock worth $5,859,000 after buying an additional 115,964 shares in the last quarter.

ARK Innovation ETF Price Performance

ARKK opened at $61.35 on Wednesday. ARK Innovation ETF has a one year low of $36.85 and a one year high of $64.72. The stock’s fifty day moving average is $60.44 and its 200-day moving average is $52.02.

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.