Intrepid Financial Planning Group LLC Cuts Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Intrepid Financial Planning Group LLC decreased its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 9.6% in the third quarter, Holdings Channel reports. The firm owned 38,830 shares of the company’s stock after selling 4,128 shares during the quarter. Intrepid Financial Planning Group LLC’s holdings in ARK Innovation ETF were worth $1,846,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC raised its holdings in shares of ARK Innovation ETF by 5,773.2% during the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock valued at $755,420,000 after purchasing an additional 1,562,287 shares during the last quarter. Granite Bay Wealth Management LLC raised its stake in ARK Innovation ETF by 3,969.2% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock valued at $62,559,000 after buying an additional 1,357,875 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in shares of ARK Innovation ETF by 120.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after buying an additional 774,315 shares during the period. Cowen AND Company LLC lifted its holdings in shares of ARK Innovation ETF by 1,048.3% during the 2nd quarter. Cowen AND Company LLC now owns 275,950 shares of the company’s stock valued at $12,128,000 after buying an additional 251,918 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of ARK Innovation ETF by 120.0% in the 1st quarter. Cetera Investment Advisers now owns 329,452 shares of the company’s stock worth $16,499,000 after buying an additional 179,699 shares during the last quarter.

ARK Innovation ETF Trading Up 7.0 %

ARK Innovation ETF stock opened at $57.87 on Tuesday. ARK Innovation ETF has a one year low of $36.85 and a one year high of $58.38. The stock has a fifty day moving average of $46.92 and a 200 day moving average of $45.34.

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.