SageView Advisory Group LLC Boosts Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

SageView Advisory Group LLC raised its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,828 shares of the company’s stock after purchasing an additional 642 shares during the period. SageView Advisory Group LLC’s holdings in ARK Innovation ETF were worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gerber LLC purchased a new position in ARK Innovation ETF in the fourth quarter valued at about $11,271,000. Creekmur Asset Management LLC purchased a new position in ARK Innovation ETF in the fourth quarter valued at about $92,000. Centaurus Financial Inc. grew its stake in ARK Innovation ETF by 337.4% in the fourth quarter. Centaurus Financial Inc. now owns 42,065 shares of the company’s stock valued at $2,203,000 after purchasing an additional 32,447 shares during the last quarter. Integrated Advisors Network LLC grew its stake in ARK Innovation ETF by 120.8% in the fourth quarter. Integrated Advisors Network LLC now owns 11,481 shares of the company’s stock valued at $601,000 after purchasing an additional 6,281 shares during the last quarter. Finally, Scarborough Advisors LLC purchased a new position in ARK Innovation ETF in the fourth quarter valued at about $121,000.

ARK Innovation ETF Trading Down 1.1 %

ARKK opened at $43.66 on Wednesday. The business’s 50-day moving average is $44.35 and its two-hundred day moving average is $47.53. ARK Innovation ETF has a 1 year low of $33.76 and a 1 year high of $54.52.

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.