Relyea Zuckerberg Hanson LLC trimmed its position in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 1.7% in the second quarter, Holdings Channel reports. The fund owned 11,270 shares of the company’s stock after selling 193 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in ARK Innovation ETF were worth $792,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of the business. Fiduciary Alliance LLC lifted its position in shares of ARK Innovation ETF by 2.9% in the 2nd quarter. Fiduciary Alliance LLC now owns 6,459 shares of the company’s stock worth $454,000 after purchasing an additional 180 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of ARK Innovation ETF by 4.2% during the second quarter. AdvisorNet Financial Inc now owns 4,618 shares of the company’s stock valued at $325,000 after buying an additional 187 shares during the last quarter. Principal Securities Inc. boosted its stake in ARK Innovation ETF by 3.9% during the 1st quarter. Principal Securities Inc. now owns 6,629 shares of the company’s stock valued at $315,000 after purchasing an additional 250 shares during the last quarter. Post Resch Tallon Group Inc. grew its holdings in ARK Innovation ETF by 0.8% during the first quarter. Post Resch Tallon Group Inc. now owns 32,648 shares of the company’s stock worth $1,544,000 after buying an additional 251 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in shares of ARK Innovation ETF by 1.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 27,224 shares of the company’s stock worth $1,295,000 after acquiring an additional 291 shares in the last quarter.
ARK Innovation ETF Trading Down 1.0%
Shares of ARK Innovation ETF stock opened at $88.32 on Monday. The firm has a market capitalization of $8.51 billion, a P/E ratio of 50.14 and a beta of 1.64. ARK Innovation ETF has a 12 month low of $38.57 and a 12 month high of $89.62. The business’s fifty day simple moving average is $78.07 and its 200 day simple moving average is $65.27.
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.
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