ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Tyler Stone Wealth Management

Tyler Stone Wealth Management decreased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 7.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,166 shares of the company’s stock after selling 672 shares during the quarter. Tyler Stone Wealth Management’s holdings in ARK Innovation ETF were worth $464,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ARKK. Brown Brothers Harriman & Co. acquired a new position in shares of ARK Innovation ETF in the 3rd quarter worth approximately $76,000. D.A. Davidson & CO. lifted its stake 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 purchasing an additional 361 shares in the last quarter. Capstone Investment Advisors LLC purchased a new position in shares of ARK Innovation ETF during the third quarter worth $202,000. Centiva Capital LP grew its stake in shares of ARK Innovation ETF by 146.6% in the third quarter. Centiva Capital LP now owns 16,175 shares of the company’s stock valued at $769,000 after buying an additional 50,887 shares in the last quarter. Finally, IHT Wealth Management LLC raised its holdings in shares of ARK Innovation ETF by 17.2% in the 3rd quarter. IHT Wealth Management LLC now owns 82,185 shares of the company’s stock valued at $3,939,000 after buying an additional 12,071 shares during the period.

ARK Innovation ETF Trading Down 4.6 %

ARKK opened at $51.66 on Thursday. The firm has a market cap of $5.67 billion, a price-to-earnings ratio of 41.12 and a beta of 1.89. The stock’s 50-day moving average price is $57.85 and its 200 day moving average price is $54.67. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $68.43.

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.