Kingswood Wealth Advisors LLC Sells 6,472 Shares of ARK Innovation ETF $ARKK

Kingswood Wealth Advisors LLC reduced its position in shares of ARK Innovation ETF (BATS:ARKK) by 19.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,423 shares of the company’s stock after selling 6,472 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in ARK Innovation ETF were worth $2,109,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Orion Porfolio Solutions LLC lifted its position in shares of ARK Innovation ETF by 8,291.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock valued at $113,120,000 after buying an additional 1,590,149 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of ARK Innovation ETF by 51.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,886,920 shares of the company’s stock valued at $335,441,000 after buying an additional 1,320,420 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of ARK Innovation ETF by 634.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock valued at $76,386,000 after buying an additional 764,653 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of ARK Innovation ETF during the 3rd quarter valued at about $39,269,000. Finally, Tudor Investment Corp ET AL lifted its position in shares of ARK Innovation ETF by 126.3% during the 3rd quarter. Tudor Investment Corp ET AL now owns 47,509 shares of the company’s stock valued at $4,100,000 after buying an additional 227,909 shares in the last quarter.

ARK Innovation ETF Stock Up 2.5%

ARKK stock opened at $79.30 on Thursday. ARK Innovation ETF has a twelve month low of $47.83 and a twelve month high of $92.65. The stock has a market cap of $7.51 billion, a P/E ratio of 50.14 and a beta of 1.92. The business’s 50-day moving average price is $71.69 and its 200-day moving average price is $77.88.

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 issued by ARK.