Insight Advisors LLC PA Trims Stake in ARK Innovation ETF (NYSEARCA:ARKK)

Insight Advisors LLC PA decreased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 17.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,320 shares of the company’s stock after selling 1,296 shares during the quarter. Insight Advisors LLC PA’s holdings in ARK Innovation ETF were worth $364,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Global Trust Asset Management LLC grew its stake in ARK Innovation ETF by 550.0% during the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 550 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of ARK Innovation ETF in the 3rd quarter valued at approximately $76,000. Hobbs Group Advisors LLC purchased a new position in shares of ARK Innovation ETF in the 3rd quarter worth approximately $86,000. Spire Wealth Management increased its position in shares of ARK Innovation ETF by 118.6% during the 4th quarter. Spire Wealth Management now owns 3,273 shares of the company’s stock valued at $186,000 after purchasing an additional 1,776 shares during the last quarter. Finally, Capstone Investment Advisors LLC purchased a new stake in ARK Innovation ETF during the 3rd quarter valued at $202,000.

ARK Innovation ETF Stock Down 1.7 %

NYSEARCA ARKK opened at $62.72 on Friday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $64.72. The company has a fifty day moving average of $60.17 and a two-hundred day moving average of $51.64.

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.