ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by PFG Advisors

PFG Advisors cut its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 7.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,503 shares of the company’s stock after selling 4,901 shares during the period. PFG Advisors’ holdings in ARK Innovation ETF were worth $2,923,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors increased its position in ARK Innovation ETF by 1.5% in the second quarter. Arkadios Wealth Advisors now owns 14,929 shares of the company’s stock worth $656,000 after buying an additional 221 shares during the period. Mcdonald Partners LLC grew its stake in shares of ARK Innovation ETF by 1.9% in the second quarter. Mcdonald Partners LLC now owns 12,038 shares of the company’s stock worth $529,000 after purchasing an additional 225 shares in the last quarter. Fountainhead AM LLC grew its stake in shares of ARK Innovation ETF by 5.0% in the first quarter. Fountainhead AM LLC now owns 4,923 shares of the company’s stock worth $247,000 after purchasing an additional 233 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of ARK Innovation ETF by 6.4% in the second quarter. Sound Income Strategies LLC now owns 4,037 shares of the company’s stock worth $177,000 after purchasing an additional 243 shares in the last quarter. Finally, TCP Asset Management LLC grew its stake in shares of ARK Innovation ETF by 5.5% in the first quarter. TCP Asset Management LLC now owns 4,799 shares of the company’s stock worth $240,000 after purchasing an additional 249 shares in the last quarter.

ARK Innovation ETF Price Performance

NYSEARCA:ARKK opened at $47.68 on Thursday. ARK Innovation ETF has a 1 year low of $33.76 and a 1 year high of $54.52. The business has a fifty day moving average of $45.16 and a 200-day moving average of $44.94.

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.