ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Brookstone Capital Management

Brookstone Capital Management reduced its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,848 shares of the company’s stock after selling 22,564 shares during the quarter. Brookstone Capital Management owned about 0.10% of ARK Innovation ETF worth $8,393,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of ARKK. Clear Harbor Asset Management LLC lifted its holdings in ARK Innovation ETF by 2.3% in the third quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock valued at $586,000 after acquiring an additional 282 shares during the period. Straight Path Wealth Management lifted its stake in shares of ARK Innovation ETF by 2.7% in the second quarter. Straight Path Wealth Management now owns 13,230 shares of the company’s stock valued at $581,000 after purchasing an additional 350 shares during the period. D.A. Davidson & CO. boosted its holdings in ARK Innovation ETF by 3.1% during the third quarter. D.A. Davidson & CO. now owns 12,172 shares of the company’s stock worth $579,000 after buying an additional 361 shares in the last quarter. Saxon Interests Inc. grew its position in ARK Innovation ETF by 6.9% during the third quarter. Saxon Interests Inc. now owns 6,520 shares of the company’s stock worth $310,000 after buying an additional 419 shares during the period. Finally, Legacy Private Trust Co. increased its holdings in ARK Innovation ETF by 1.4% in the third quarter. Legacy Private Trust Co. now owns 33,125 shares of the company’s stock valued at $1,574,000 after buying an additional 449 shares in the last quarter.

ARK Innovation ETF Trading Down 1.3 %

ARKK stock opened at $56.70 on Tuesday. The firm has a 50 day moving average of $58.00 and a 200-day moving average of $49.88. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $63.44.

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.