HBK Sorce Advisory LLC Acquires New Stake in ARK Innovation ETF (ARKK)

HBK Sorce Advisory LLC acquired a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the third quarter, HoldingsChannel reports. The fund acquired 7,399 shares of the company’s stock, valued at approximately $350,000.

Several other large investors have also recently made changes to their positions in the business. Morgan Stanley increased its position in shares of ARK Innovation ETF by 71.9% in the 2nd quarter. Morgan Stanley now owns 2,190,370 shares of the company’s stock valued at $98,523,000 after purchasing an additional 916,185 shares during the last quarter. LPL Financial LLC increased its position in shares of ARK Innovation ETF by 47.0% in the 3rd quarter. LPL Financial LLC now owns 822,290 shares of the company’s stock valued at $38,927,000 after purchasing an additional 262,900 shares during the last quarter. Raymond James & Associates increased its position in shares of ARK Innovation ETF by 168.7% in the 2nd quarter. Raymond James & Associates now owns 660,355 shares of the company’s stock valued at $29,703,000 after purchasing an additional 414,601 shares during the last quarter. Claraphi Advisory Network LLC increased its position in shares of ARK Innovation ETF by 368.9% in the 3rd quarter. Claraphi Advisory Network LLC now owns 237,057 shares of the company’s stock valued at $11,222,000 after purchasing an additional 186,500 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of ARK Innovation ETF by 189.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 233,252 shares of the company’s stock valued at $11,042,000 after purchasing an additional 152,555 shares during the last quarter.

NYSEARCA ARKK opened at $41.77 on Friday. ARK Innovation ETF has a 12 month low of $36.36 and a 12 month high of $49.87.

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

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