Tanglewood Legacy Advisors LLC Trims Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Tanglewood Legacy Advisors LLC reduced its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKKFree Report) by 12.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,495 shares of the company’s stock after selling 1,670 shares during the period. Tanglewood Legacy Advisors LLC’s holdings in ARK Innovation ETF were worth $602,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. OPTIMAS CAPITAL Ltd purchased a new stake in shares of ARK Innovation ETF in the 4th quarter valued at approximately $2,007,000. Retirement Guys Formula LLC acquired a new position in shares of ARK Innovation ETF in the 4th quarter valued at $1,057,000. Clarus Wealth Advisors acquired a new position in shares of ARK Innovation ETF in the 4th quarter valued at $710,000. Covenant Asset Management LLC acquired a new position in shares of ARK Innovation ETF in the 4th quarter valued at $246,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of ARK Innovation ETF by 23.4% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 27,881 shares of the company’s stock valued at $1,460,000 after buying an additional 5,291 shares in the last quarter.

ARK Innovation ETF Stock Performance

Shares of ARK Innovation ETF stock opened at $47.79 on Wednesday. The company has a fifty day simple moving average of $49.03 and a 200-day simple moving average of $45.74. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52.

ARK Innovation ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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