Principle Wealth Partners LLC Has $668,000 Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Principle Wealth Partners LLC reduced its position in ARK Innovation ETF (NYSEARCA:ARKK) by 5.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,775 shares of the company’s stock after selling 617 shares during the period. Principle Wealth Partners LLC’s holdings in ARK Innovation ETF were worth $668,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ARKK. International Assets Investment Management LLC increased its holdings in shares of ARK Innovation ETF by 5,773.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock valued at $755,420,000 after acquiring an additional 1,562,287 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of ARK Innovation ETF by 3.4% during the 3rd quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock valued at $66,578,000 after acquiring an additional 50,251 shares during the last quarter. Total Investment Management Inc. increased its holdings in shares of ARK Innovation ETF by 16.9% during the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock valued at $63,625,000 after acquiring an additional 193,251 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of ARK Innovation ETF during the 4th quarter valued at about $514,000. Finally, Ascension Capital Advisors Inc. increased its holdings in shares of ARK Innovation ETF by 32.0% during the 3rd quarter. Ascension Capital Advisors Inc. now owns 356,194 shares of the company’s stock valued at $16,930,000 after acquiring an additional 86,382 shares during the last quarter.

ARK Innovation ETF Stock Down 2.2 %

ARKK opened at $61.35 on Wednesday. The stock’s 50 day moving average price is $60.44 and its two-hundred day moving average price is $52.02. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $64.72.

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.