Cresset Asset Management LLC Has $33.40 Million Position in ARK Innovation ETF $ARKK

Cresset Asset Management LLC lessened its position in ARK Innovation ETF (NYSEARCA:ARKK) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 386,977 shares of the company’s stock after selling 11,546 shares during the quarter. Cresset Asset Management LLC’s holdings in ARK Innovation ETF were worth $33,396,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Focus Partners Advisor Solutions LLC grew its stake in shares of ARK Innovation ETF by 3.4% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 7,928 shares of the company’s stock worth $683,000 after acquiring an additional 257 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in ARK Innovation ETF by 6.2% during the third quarter. Kingsview Wealth Management LLC now owns 63,504 shares of the company’s stock worth $5,480,000 after purchasing an additional 3,688 shares during the last quarter. Arete Wealth Advisors LLC grew its position in ARK Innovation ETF by 110.5% in the third quarter. Arete Wealth Advisors LLC now owns 56,080 shares of the company’s stock valued at $4,840,000 after purchasing an additional 29,434 shares in the last quarter. Compass Capital Corp MA ADV increased its stake in ARK Innovation ETF by 42.5% in the 3rd quarter. Compass Capital Corp MA ADV now owns 5,047 shares of the company’s stock valued at $412,000 after buying an additional 1,506 shares during the last quarter. Finally, Caitlin John LLC bought a new stake in ARK Innovation ETF during the 3rd quarter worth about $27,000.

ARK Innovation ETF Price Performance

ARK Innovation ETF stock opened at $72.26 on Wednesday. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96. The firm has a 50-day moving average of $76.33 and a 200-day moving average of $79.68. ARK Innovation ETF has a one year low of $38.57 and a one year high of $92.65.

About ARK Innovation ETF

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.