Claro Advisors LLC Has $376,000 Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Claro Advisors LLC cut its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.3% during the first quarter, HoldingsChannel.com reports. The firm owned 7,502 shares of the company’s stock after selling 256 shares during the quarter. Claro Advisors LLC’s holdings in ARK Innovation ETF were worth $376,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp bought a new position in ARK Innovation ETF during the 4th quarter worth approximately $26,000. GoalVest Advisory LLC boosted its stake in ARK Innovation ETF by 124.8% during the 1st quarter. GoalVest Advisory LLC now owns 670 shares of the company’s stock worth $34,000 after acquiring an additional 372 shares during the last quarter. Mather Group LLC. bought a new position in ARK Innovation ETF during the 1st quarter worth approximately $38,000. Headinvest LLC bought a new position in ARK Innovation ETF during the 3rd quarter worth approximately $37,000. Finally, Fortitude Family Office LLC bought a new position in ARK Innovation ETF during the 4th quarter worth approximately $58,000.

ARK Innovation ETF Stock Up 1.1 %

ARK Innovation ETF stock traded up $0.49 during midday trading on Monday, hitting $44.44. 9,777,889 shares of the stock were exchanged, compared to its average volume of 12,494,129. The company has a fifty day simple moving average of $44.15 and a two-hundred day simple moving average of $47.24. ARK Innovation ETF has a 52 week low of $33.76 and a 52 week high of $54.52.

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.