Sovereign Financial Group Inc. Buys 378 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Sovereign Financial Group Inc. raised its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,040 shares of the company’s stock after acquiring an additional 378 shares during the period. Sovereign Financial Group Inc.’s holdings in ARK Innovation ETF were worth $578,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Lindbrook Capital LLC increased its stake in shares of ARK Innovation ETF by 77.5% during the 3rd quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the last quarter. Oliver Lagore Vanvalin Investment Group increased its position in ARK Innovation ETF by 103.3% in the third quarter. Oliver Lagore Vanvalin Investment Group now owns 738 shares of the company’s stock worth $29,000 after buying an additional 375 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new stake in shares of ARK Innovation ETF in the third quarter valued at $31,000. Annapolis Financial Services LLC grew its stake in shares of ARK Innovation ETF by 395.9% during the 3rd quarter. Annapolis Financial Services LLC now owns 838 shares of the company’s stock worth $33,000 after acquiring an additional 669 shares during the period. Finally, Headinvest LLC bought a new position in shares of ARK Innovation ETF during the 3rd quarter worth $37,000.

ARK Innovation ETF Trading Down 2.0 %

ARK Innovation ETF stock traded down $0.95 during midday trading on Tuesday, reaching $45.55. The stock had a trading volume of 7,885,653 shares, compared to its average volume of 14,047,633. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52. The firm’s 50-day moving average price is $47.55 and its 200 day moving average price is $46.83.

ARK Innovation ETF 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.