Winthrop Advisory Group LLC Has $389,000 Position in ARK Innovation ETF (NYSEARCA:ARKK)

Winthrop Advisory Group LLC decreased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 21.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,759 shares of the company’s stock after selling 2,099 shares during the period. Winthrop Advisory Group LLC’s holdings in ARK Innovation ETF were worth $389,000 as of its most recent filing with the Securities and Exchange Commission.

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

ARK Innovation ETF Price Performance

ARK Innovation ETF stock traded down $0.06 during trading hours on Friday, hitting $43.95. The stock had a trading volume of 9,033,316 shares, compared to its average volume of 12,516,010. The business’s 50 day simple moving average is $44.15 and its 200-day simple moving average is $47.26. ARK Innovation ETF has a one year low of $33.76 and a one year 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.