Larson Financial Group LLC Sells 620 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

Larson Financial Group LLC cut its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,834 shares of the company’s stock after selling 620 shares during the period. Larson Financial Group LLC’s holdings in ARK Innovation ETF were worth $372,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Arkadios Wealth Advisors increased its stake in ARK Innovation ETF by 1.5% in the second quarter. Arkadios Wealth Advisors now owns 14,929 shares of the company’s stock valued at $656,000 after acquiring an additional 221 shares during the last quarter. Mcdonald Partners LLC raised its holdings in shares of ARK Innovation ETF by 1.9% during the 2nd quarter. Mcdonald Partners LLC now owns 12,038 shares of the company’s stock worth $529,000 after buying an additional 225 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of ARK Innovation ETF by 6.4% during the 2nd quarter. Sound Income Strategies LLC now owns 4,037 shares of the company’s stock worth $177,000 after buying an additional 243 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its stake in ARK Innovation ETF by 1.9% in the first quarter. Jaffetilchin Investment Partners LLC now owns 14,501 shares of the company’s stock valued at $726,000 after buying an additional 277 shares in the last quarter. Finally, New World Advisors LLC grew its position in ARK Innovation ETF by 0.8% in the second quarter. New World Advisors LLC now owns 35,615 shares of the company’s stock valued at $1,565,000 after acquiring an additional 282 shares during the last quarter.

ARK Innovation ETF Price Performance

ARKK stock opened at $56.20 on Wednesday. The firm has a 50-day moving average price of $49.46 and a 200-day moving average price of $46.18. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $58.38.

About ARK Innovation ETF

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.