First Horizon Advisors Inc. Lowers Position in ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)

First Horizon Advisors Inc. decreased its position in shares of ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) by 15.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 6,723 shares of the company’s stock after selling 1,188 shares during the period. First Horizon Advisors Inc.’s holdings in ARK Autonomous Technology & Robotics ETF were worth $410,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ARKQ. Farther Finance Advisors LLC grew its stake in ARK Autonomous Technology & Robotics ETF by 56.3% in the third quarter. Farther Finance Advisors LLC now owns 555 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Fairscale Capital LLC bought a new stake in shares of ARK Autonomous Technology & Robotics ETF during the 2nd quarter valued at $122,000. Heritage Wealth Management Inc. purchased a new stake in shares of ARK Autonomous Technology & Robotics ETF in the 2nd quarter worth about $215,000. Strategic Blueprint LLC purchased a new stake in shares of ARK Autonomous Technology & Robotics ETF in the 3rd quarter worth about $228,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of ARK Autonomous Technology & Robotics ETF in the 1st quarter worth about $205,000.

ARK Autonomous Technology & Robotics ETF Price Performance

BATS:ARKQ opened at $73.16 on Friday. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 28.71 and a beta of 1.56. The business’s 50 day simple moving average is $63.06 and its 200-day simple moving average is $58.09.

About ARK Autonomous Technology & Robotics ETF

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements.