WealthCare Investment Partners LLC Sells 331 Shares of ARK Innovation ETF (NYSEARCA:ARKK)

WealthCare Investment Partners LLC decreased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 1.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,660 shares of the company’s stock after selling 331 shares during the quarter. WealthCare Investment Partners LLC’s holdings in ARK Innovation ETF were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC raised its stake in ARK Innovation ETF by 550.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 550 shares during the period. Kestra Investment Management LLC bought a new stake in ARK Innovation ETF during the 4th quarter worth approximately $68,000. Brown Brothers Harriman & Co. bought a new stake in ARK Innovation ETF during the 3rd quarter worth approximately $76,000. Hobbs Group Advisors LLC bought a new stake in ARK Innovation ETF during the 3rd quarter worth approximately $86,000. Finally, Bank of Jackson Hole Trust bought a new stake in ARK Innovation ETF during the 4th quarter worth approximately $114,000.

ARK Innovation ETF Stock Performance

NYSEARCA ARKK opened at $65.71 on Thursday. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $68.43. The company’s 50 day moving average is $60.92 and its two-hundred day moving average is $52.89.

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.