ARK Innovation ETF $ARKK Shares Sold by IFG Advisory LLC

IFG Advisory LLC reduced its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 34.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,083 shares of the company’s stock after selling 2,661 shares during the quarter. IFG Advisory LLC’s holdings in ARK Innovation ETF were worth $357,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of ARK Innovation ETF in the 2nd quarter worth approximately $28,000. SJS Investment Consulting Inc. lifted its holdings in ARK Innovation ETF by 4,410.0% during the 2nd quarter. SJS Investment Consulting Inc. now owns 451 shares of the company’s stock worth $32,000 after buying an additional 441 shares in the last quarter. DHJJ Financial Advisors Ltd. lifted its holdings in ARK Innovation ETF by 51,200.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 513 shares of the company’s stock worth $36,000 after buying an additional 512 shares in the last quarter. SVB Wealth LLC acquired a new stake in ARK Innovation ETF during the 1st quarter worth approximately $28,000. Finally, Private Wealth Asset Management LLC lifted its holdings in ARK Innovation ETF by 331.0% during the 2nd quarter. Private Wealth Asset Management LLC now owns 905 shares of the company’s stock worth $64,000 after buying an additional 695 shares in the last quarter.

ARK Innovation ETF Stock Down 0.9%

ARK Innovation ETF stock opened at $88.19 on Tuesday. ARK Innovation ETF has a 52-week low of $38.57 and a 52-week high of $92.65. The company’s 50 day moving average is $83.73 and its two-hundred day moving average is $71.56. The firm has a market cap of $8.52 billion, a PE ratio of 50.14 and a beta of 1.96.

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.