Chicago Partners Investment Group LLC Reduces Position in ARK Innovation ETF (NYSEARCA:ARKK)

Chicago Partners Investment Group LLC trimmed its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 11.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,692 shares of the company’s stock after selling 3,578 shares during the period. Chicago Partners Investment Group LLC’s holdings in ARK Innovation ETF were worth $1,398,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blair William & Co. IL lifted its stake in shares of ARK Innovation ETF by 65.0% in the 3rd quarter. Blair William & Co. IL now owns 31,978 shares of the company’s stock valued at $1,269,000 after purchasing an additional 12,592 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in ARK Innovation ETF in the 3rd quarter valued at about $727,000. Bramshill Investments LLC acquired a new position in shares of ARK Innovation ETF during the 3rd quarter worth approximately $367,000. Rathbones Group PLC purchased a new position in shares of ARK Innovation ETF during the 3rd quarter worth $231,000. Finally, LPL Financial LLC raised its holdings in shares of ARK Innovation ETF by 2.5% during the 3rd quarter. LPL Financial LLC now owns 3,631,858 shares of the company’s stock worth $144,076,000 after acquiring an additional 89,000 shares during the period.

ARK Innovation ETF Trading Down 1.1 %

NYSEARCA ARKK opened at $43.87 on Friday. ARK Innovation ETF has a 52 week low of $33.76 and a 52 week high of $54.52. The business’s fifty day simple moving average is $44.52 and its 200-day simple moving average is $47.57.

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.