ARK Innovation ETF (NYSEARCA:ARKK) Holdings Lowered by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lowered its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 9.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,550 shares of the company’s stock after selling 1,053 shares during the quarter. Foundations Investment Advisors LLC’s holdings in ARK Innovation ETF were worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Venture Visionary Partners LLC lifted its position in shares of ARK Innovation ETF by 4.8% in the 3rd quarter. Venture Visionary Partners LLC now owns 266,838 shares of the company’s stock valued at $12,683,000 after acquiring an additional 12,252 shares in the last quarter. Retirement Guys Formula LLC purchased a new stake in shares of ARK Innovation ETF in the third quarter valued at $707,000. Castleview Partners LLC boosted its position in shares of ARK Innovation ETF by 6.5% in the third quarter. Castleview Partners LLC now owns 11,714 shares of the company’s stock worth $557,000 after buying an additional 712 shares during the period. Blue Trust Inc. grew its holdings in shares of ARK Innovation ETF by 3.4% during the third quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock valued at $66,578,000 after buying an additional 50,251 shares in the last quarter. Finally, Claro Advisors LLC raised its position in ARK Innovation ETF by 1,588.1% during the third quarter. Claro Advisors LLC now owns 123,266 shares of the company’s stock valued at $5,859,000 after buying an additional 115,964 shares during the period.

ARK Innovation ETF Stock Performance

Shares of NYSEARCA ARKK opened at $47.67 on Friday. ARK Innovation ETF has a one year low of $33.76 and a one year high of $54.52. The business has a 50-day moving average price of $45.84 and a two-hundred day moving average price of $44.93.

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.