ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 15.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,687 shares of the company’s stock after selling 1,580 shares during the quarter. Geneos Wealth Management Inc.’s holdings in ARK Innovation ETF were worth $493,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Global Trust Asset Management LLC increased its holdings in shares of ARK Innovation ETF by 550.0% in 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. Strategic Investment Solutions Inc. IL acquired a new position in ARK Innovation ETF during the second quarter worth about $34,000. Brown Brothers Harriman & Co. purchased a new position in ARK Innovation ETF in the third quarter valued at about $76,000. Hobbs Group Advisors LLC acquired a new stake in shares of ARK Innovation ETF during the 3rd quarter valued at approximately $86,000. Finally, Capstone Investment Advisors LLC purchased a new stake in shares of ARK Innovation ETF during the 3rd quarter worth approximately $202,000.

ARK Innovation ETF Stock Performance

ARKK opened at $61.93 on Wednesday. The stock’s 50 day simple moving average is $59.24 and its 200 day simple moving average is $50.92. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $63.61.

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.