Cladis Investment Advisory LLC cut its position in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 69.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,001 shares of the company’s stock after selling 11,150 shares during the period. Cladis Investment Advisory LLC’s holdings in ARK Innovation ETF were worth $238,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC bought a new stake in ARK Innovation ETF during the 2nd quarter valued at $26,000. Global Trust Asset Management LLC increased its position 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 in the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of ARK Innovation ETF in the 2nd quarter worth about $32,000. Strategic Investment Solutions Inc. IL bought a new position in ARK Innovation ETF in the 2nd quarter valued at about $34,000. Finally, Opal Wealth Advisors LLC acquired a new position in ARK Innovation ETF during the 2nd quarter valued at about $37,000.
ARK Innovation ETF Price Performance
NYSEARCA ARKK opened at $57.98 on Monday. The business has a fifty day simple moving average of $50.09 and a 200 day simple moving average of $46.44. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $58.38.
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.
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