ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. lowered its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 55.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,945 shares of the company’s stock after selling 29,665 shares during the quarter. Integral Investment Advisors Inc.’s holdings in ARK Innovation ETF were worth $1,359,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Marshall Investment Management LLC purchased a new stake in ARK Innovation ETF during the 4th quarter worth about $188,000. Richardson Capital Management LLC grew its position in shares of ARK Innovation ETF by 910.0% during the fourth quarter. Richardson Capital Management LLC now owns 8,090 shares of the company’s stock worth $459,000 after buying an additional 7,289 shares in the last quarter. Variant Private Wealth LLC purchased a new stake in shares of ARK Innovation ETF during the fourth quarter worth approximately $4,862,000. Transcend Capital Advisors LLC acquired a new stake in ARK Innovation ETF in the fourth quarter valued at approximately $202,000. Finally, Concurrent Investment Advisors LLC raised its holdings in ARK Innovation ETF by 8.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 12,108 shares of the company’s stock valued at $687,000 after acquiring an additional 919 shares in the last quarter.

ARK Innovation ETF Trading Down 5.9 %

NYSEARCA ARKK opened at $60.20 on Friday. ARK Innovation ETF has a 52 week low of $36.85 and a 52 week high of $68.43. The firm has a 50 day moving average of $61.04 and a two-hundred day moving average of $53.20.

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.