Activest Wealth Management Decreases Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Activest Wealth Management cut its position in ARK Innovation ETF (NYSEARCA:ARKK) by 78.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,870 shares of the company’s stock after selling 10,465 shares during the period. Activest Wealth Management’s holdings in ARK Innovation ETF were worth $136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quadrature Capital Ltd grew its position in ARK Innovation ETF by 1,036.7% during the 1st quarter. Quadrature Capital Ltd now owns 103,963 shares of the company’s stock worth $5,202,000 after purchasing an additional 94,817 shares during the period. Prudent Investors Network Inc. acquired a new stake in shares of ARK Innovation ETF in the 1st quarter worth $285,000. Consultiva Wealth Management CORP. purchased a new stake in shares of ARK Innovation ETF during the 1st quarter valued at approximately $42,000. Jaffetilchin Investment Partners LLC boosted its position in shares of ARK Innovation ETF by 1.9% during the first quarter. Jaffetilchin Investment Partners LLC now owns 14,501 shares of the company’s stock worth $726,000 after buying an additional 277 shares during the period. Finally, Atria Investments Inc acquired a new position in shares of ARK Innovation ETF in the first quarter valued at approximately $1,335,000.

ARK Innovation ETF Stock Up 0.1 %

ARK Innovation ETF stock traded up $0.06 during trading on Thursday, reaching $55.34. The stock had a trading volume of 1,039,368 shares, compared to its average volume of 10,193,102. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $58.38. The business has a 50 day moving average price of $48.62 and a 200 day moving average price of $45.85.

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.