ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Stablepoint Partners LLC

Stablepoint Partners LLC lessened its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 22.7% in the 3rd quarter, Holdings Channel reports. The firm owned 24,810 shares of the company’s stock after selling 7,301 shares during the period. Stablepoint Partners LLC’s holdings in ARK Innovation ETF were worth $1,179,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ARKK. Arkadios Wealth Advisors raised its position in shares of ARK Innovation ETF by 1.5% in the second quarter. Arkadios Wealth Advisors now owns 14,929 shares of the company’s stock valued at $656,000 after buying an additional 221 shares during the last quarter. Mcdonald Partners LLC raised its holdings in ARK Innovation ETF by 1.9% in the 2nd quarter. Mcdonald Partners LLC now owns 12,038 shares of the company’s stock valued at $529,000 after acquiring an additional 225 shares during the last quarter. Fountainhead AM LLC raised its holdings in ARK Innovation ETF by 5.0% in the 1st quarter. Fountainhead AM LLC now owns 4,923 shares of the company’s stock valued at $247,000 after acquiring an additional 233 shares during the last quarter. Sound Income Strategies LLC lifted its stake in ARK Innovation ETF by 6.4% in the 2nd quarter. Sound Income Strategies LLC now owns 4,037 shares of the company’s stock worth $177,000 after purchasing an additional 243 shares in the last quarter. Finally, TCP Asset Management LLC boosted its holdings in shares of ARK Innovation ETF by 5.5% during the 1st quarter. TCP Asset Management LLC now owns 4,799 shares of the company’s stock worth $240,000 after purchasing an additional 249 shares during the last quarter.

ARK Innovation ETF Stock Performance

ARKK stock opened at $47.37 on Tuesday. ARK Innovation ETF has a 1 year low of $33.76 and a 1 year high of $54.52. The business has a 50 day simple moving average of $44.85 and a 200-day simple moving average of $44.94.

ARK Innovation ETF Profile

(Free Report)

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.

Featured Articles

• Five stocks we like better than ARK Innovation ETF
• Differences Between Momentum Investing and Long Term Investing
• Whirlpool’s High Dividend Yield Is Too Good to Pass Up
• Best Aerospace Stocks Investing
• Holiday Spending Boom Ahead: 3 BNPL Stocks Poised for Gains
• There Are Different Types of Stock To Invest In
• Boeing: A Perfect Storm of Trouble Is a Loaded Buying Opportunity

Want to see what other hedge funds are holding ARKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Innovation ETF (NYSEARCA:ARKK – Free Report).