ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd lowered its position in ARK Innovation ETF (NYSEARCA:ARKK) by 73.8% in the third quarter, Holdings Channel.com reports. The firm owned 5,342 shares of the company’s stock after selling 15,014 shares during the quarter. Quadrature Capital Ltd’s holdings in ARK Innovation ETF were worth $254,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of ARK Innovation ETF in the second quarter valued at approximately $26,000. Global Trust Asset Management LLC boosted its position in shares of ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of ARK Innovation ETF during the 2nd quarter worth $32,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ARK Innovation ETF in the 2nd quarter valued at about $34,000. Finally, Family Firm Inc. acquired a new stake in shares of ARK Innovation ETF in the second quarter valued at about $49,000.

ARK Innovation ETF Stock Performance

Shares of ARKK opened at $60.59 on Wednesday. The firm’s 50-day moving average is $51.69 and its two-hundred day moving average is $47.11. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.44.

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.