ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by XML Financial LLC

XML Financial LLC trimmed its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 34.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,177 shares of the company’s stock after selling 3,213 shares during the quarter. XML Financial LLC’s holdings in ARK Innovation ETF were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in ARKK. Global Trust Asset Management LLC lifted its position in ARK Innovation ETF by 550.0% during the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares during the period. Hershey Financial Advisers LLC purchased a new position in shares of ARK Innovation ETF during the 2nd quarter valued at about $32,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Innovation ETF in the 2nd quarter valued at about $34,000. Brown Brothers Harriman & Co. purchased a new stake in shares of ARK Innovation ETF in the third quarter worth about $76,000. Finally, Hobbs Group Advisors LLC acquired a new stake in ARK Innovation ETF during the third quarter worth about $86,000.

ARK Innovation ETF Trading Up 0.9 %

Shares of ARKK stock opened at $62.06 on Thursday. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.44. The stock has a 50 day moving average of $58.65 and a 200 day moving average of $50.47.

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.