OneDigital Investment Advisors LLC Trims Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

OneDigital Investment Advisors LLC lowered its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 3.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 109,256 shares of the company’s stock after selling 3,897 shares during the period. OneDigital Investment Advisors LLC’s holdings in ARK Innovation ETF were worth $5,193,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC purchased a new stake in ARK Innovation ETF in the second quarter worth $26,000. Global Trust Asset Management LLC boosted its stake 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 valued at $31,000 after purchasing an additional 550 shares in the last quarter. Hershey Financial Advisers LLC purchased a new position in shares of ARK Innovation ETF during the second quarter valued at about $32,000. Strategic Investment Solutions Inc. IL bought a new position in ARK Innovation ETF in the second quarter worth about $34,000. Finally, Opal Wealth Advisors LLC purchased a new stake in ARK Innovation ETF in the second quarter worth about $37,000.

ARK Innovation ETF Stock Down 0.7 %

ARK Innovation ETF stock opened at $53.46 on Friday. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $58.38. The stock’s 50 day simple moving average is $47.66 and its two-hundred day simple moving average is $45.56.

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.