Stephens Inc. AR Sells 500 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Stephens Inc. AR lowered its position in ARK Innovation ETF (NYSEARCA:ARKK) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,899 shares of the company’s stock after selling 500 shares during the quarter. Stephens Inc. AR’s holdings in ARK Innovation ETF were worth $566,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new position in shares of ARK Innovation ETF in the second quarter worth $26,000. Global Trust Asset Management LLC increased its holdings in shares of ARK Innovation ETF by 550.0% in the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares during the period. Hershey Financial Advisers LLC bought a new position in shares of ARK Innovation ETF in the second quarter worth $32,000. Strategic Investment Solutions Inc. IL bought a new position in shares of ARK Innovation ETF in the second quarter worth $34,000. Finally, Consultiva Wealth Management CORP. bought a new position in shares of ARK Innovation ETF in the first quarter worth $42,000.

ARK Innovation ETF Stock Up 8.2 %

ARK Innovation ETF stock opened at $52.15 on Thursday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $54.52. The firm’s fifty day moving average price is $46.31 and its 200-day moving average price is $45.08.

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.