Choreo LLC Decreases Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Choreo LLC lowered its position in ARK Innovation ETF (NYSEARCA:ARKK) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,024 shares of the company’s stock after selling 294 shares during the period. Choreo LLC’s holdings in ARK Innovation ETF were worth $404,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Global Trust Asset Management LLC grew its stake in shares of ARK Innovation ETF by 550.0% during the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 550 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in ARK Innovation ETF during the 3rd quarter worth approximately $76,000. Hobbs Group Advisors LLC acquired a new position in ARK Innovation ETF during the 3rd quarter valued at approximately $86,000. Spire Wealth Management raised its holdings in shares of ARK Innovation ETF by 118.6% in the fourth quarter. Spire Wealth Management now owns 3,273 shares of the company’s stock worth $186,000 after buying an additional 1,776 shares during the last quarter. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of ARK Innovation ETF during the third quarter worth $202,000.

ARK Innovation ETF Price Performance

Shares of ARKK opened at $62.68 on Thursday. The company’s fifty day moving average price is $60.49 and its 200-day moving average price is $52.13. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $64.72.

ARK Innovation ETF Company 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.