ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC cut its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 29.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,630 shares of the company’s stock after selling 1,928 shares during the quarter. Winthrop Advisory Group LLC’s holdings in ARK Innovation ETF were worth $220,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of ARK Innovation ETF during the second quarter worth about $26,000. Global Trust Asset Management LLC increased its position in shares of ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares during the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of ARK Innovation ETF in the 2nd quarter valued at about $32,000. Strategic Investment Solutions Inc. IL bought a new position in shares of ARK Innovation ETF during the second quarter worth about $34,000. Finally, Opal Wealth Advisors LLC acquired a new position in ARK Innovation ETF in the second quarter worth about $37,000.

ARK Innovation ETF Stock Performance

Shares of NYSEARCA ARKK opened at $52.69 on Friday. The stock’s 50 day moving average price is $46.47 and its two-hundred day moving average price is $45.14. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $54.52.

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.