Integrated Wealth Concepts LLC decreased its holdings in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 24.4% in the third quarter, Holdings Channel reports. The firm owned 20,521 shares of the company’s stock after selling 6,630 shares during the period. Integrated Wealth Concepts LLC’s holdings in ARK Innovation ETF were worth $975,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors raised its stake in ARK Innovation ETF by 1.5% in the second quarter. Arkadios Wealth Advisors now owns 14,929 shares of the company’s stock valued at $656,000 after buying an additional 221 shares during the last quarter. Mcdonald Partners LLC raised its position in shares of ARK Innovation ETF by 1.9% in the 2nd quarter. Mcdonald Partners LLC now owns 12,038 shares of the company’s stock valued at $529,000 after purchasing an additional 225 shares during the last quarter. New World Advisors LLC raised its position in shares of ARK Innovation ETF by 0.8% in the 2nd quarter. New World Advisors LLC now owns 35,615 shares of the company’s stock valued at $1,565,000 after purchasing an additional 282 shares during the last quarter. Clear Harbor Asset Management LLC boosted its stake in ARK Innovation ETF by 2.3% in the 3rd quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock worth $586,000 after purchasing an additional 282 shares in the last quarter. Finally, Brown Lisle Cummings Inc. grew its position in ARK Innovation ETF by 31.1% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 1,272 shares of the company’s stock worth $56,000 after purchasing an additional 302 shares during the last quarter.
ARK Innovation ETF Stock Up 4.2 %
NYSEARCA ARKK opened at $62.90 on Monday. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $62.92. The company has a fifty day simple moving average of $51.42 and a two-hundred day simple moving average of $46.98.
ARK Innovation ETF Company 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.
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