ARK Innovation ETF (ARKK) Holdings Reduced by Garrett Wealth Advisory Group LLC
Garrett Wealth Advisory Group LLC trimmed its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 1.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 30,070 shares of the company’s stock after selling 329 shares during the quarter. ARK Innovation ETF accounts for 1.1% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 13th largest holding. Garrett Wealth Advisory Group LLC’s holdings in ARK Innovation ETF were worth $1,400,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of ARKK. Massey Quick Simon & CO. LLC purchased a new position in ARK Innovation ETF during the first quarter worth $30,000. CWM LLC boosted its stake in ARK Innovation ETF by 1,250.4% during the fourth quarter. CWM LLC now owns 3,673 shares of the company’s stock worth $137,000 after buying an additional 3,401 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its stake in ARK Innovation ETF by 25.6% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 4,590 shares of the company’s stock worth $171,000 after buying an additional 935 shares during the period. Ausdal Financial Partners Inc. boosted its stake in ARK Innovation ETF by 39.9% during the fourth quarter. Ausdal Financial Partners Inc. now owns 6,734 shares of the company’s stock worth $250,000 after buying an additional 1,919 shares during the period. Finally, PFG Advisors purchased a new position in ARK Innovation ETF during the fourth quarter worth $300,000.
NYSEARCA ARKK traded down $0.42 on Wednesday, hitting $48.01. 338,465 shares of the stock were exchanged, compared to its average volume of 351,607. ARK Innovation ETF has a 52-week low of $34.75 and a 52-week high of $49.87.
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