WCG Wealth Advisors LLC Has $1.10 Million Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

WCG Wealth Advisors LLC lowered its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 16.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,001 shares of the company’s stock after selling 5,039 shares during the quarter. WCG Wealth Advisors LLC’s holdings in ARK Innovation ETF were worth $1,099,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Beacon Pointe Advisors LLC increased its position in shares of ARK Innovation ETF by 46.4% in the 4th quarter. Beacon Pointe Advisors LLC now owns 9,475 shares of the company’s stock valued at $496,000 after buying an additional 3,003 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of ARK Innovation ETF by 5.0% in the 4th quarter. D.A. Davidson & CO. now owns 13,236 shares of the company’s stock valued at $693,000 after buying an additional 628 shares in the last quarter. Tidemark LLC bought a new stake in shares of ARK Innovation ETF in the 4th quarter valued at $144,000. Commerce Bank bought a new stake in shares of ARK Innovation ETF in the 4th quarter valued at $222,000. Finally, SageView Advisory Group LLC increased its position in shares of ARK Innovation ETF by 6.3% in the 4th quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock valued at $567,000 after buying an additional 642 shares in the last quarter.

ARK Innovation ETF Stock Performance

ARKK opened at $47.41 on Friday. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52. The company has a fifty day simple moving average of $44.51 and a 200 day simple moving average of $45.38.

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.