Blair William & Co. IL Sells 1,609 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Blair William & Co. IL reduced its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 46,773 shares of the company’s stock after selling 1,609 shares during the period. Blair William & Co. IL’s holdings in ARK Innovation ETF were worth $2,056,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV lifted its position in shares of ARK Innovation ETF by 171.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 76,583 shares of the company’s stock worth $3,366,000 after buying an additional 48,391 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in ARK Innovation ETF during the second quarter valued at about $435,000. Renaissance Technologies LLC bought a new position in ARK Innovation ETF during the second quarter worth about $246,000. SilverOak Wealth Management LLC increased its stake in shares of ARK Innovation ETF by 3.7% in the second quarter. SilverOak Wealth Management LLC now owns 18,519 shares of the company’s stock worth $814,000 after purchasing an additional 658 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in shares of ARK Innovation ETF by 7.4% in the second quarter. J.W. Cole Advisors Inc. now owns 20,512 shares of the company’s stock valued at $902,000 after purchasing an additional 1,417 shares during the period.

ARK Innovation ETF Stock Up 0.1 %

ARKK opened at $46.94 on Tuesday. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52. The company has a 50 day moving average of $44.49 and a 200 day moving average of $45.27.

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.