Sigma Planning Corp Has $864,000 Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Sigma Planning Corp lessened its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 18.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,220 shares of the company’s stock after selling 3,346 shares during the period. Sigma Planning Corp’s holdings in ARK Innovation ETF were worth $864,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ARKK. Total Investment Management Inc. lifted its stake in ARK Innovation ETF by 16.9% during the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after acquiring an additional 193,251 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of ARK Innovation ETF during the fourth quarter valued at about $514,000. Ascension Capital Advisors Inc. boosted its holdings in ARK Innovation ETF by 32.0% during the third quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock worth $16,930,000 after purchasing an additional 86,382 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in ARK Innovation ETF during the third quarter worth about $6,545,000. Finally, SG Americas Securities LLC grew its position in ARK Innovation ETF by 4.8% in the 4th quarter. SG Americas Securities LLC now owns 112,267 shares of the company’s stock worth $6,373,000 after purchasing an additional 5,191 shares in the last quarter.

ARK Innovation ETF Stock Down 5.2 %

ARK Innovation ETF stock opened at $56.00 on Wednesday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $68.43. The company’s 50 day moving average price is $60.82 and its two-hundred day moving average price is $53.61. The stock has a market cap of $5.83 billion, a P/E ratio of 46.93 and a beta of 1.76.

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.