Integral Investment Advisors Inc. decreased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 8.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,837 shares of the company’s stock after selling 1,895 shares during the quarter. Integral Investment Advisors Inc.’s holdings in ARK Innovation ETF were worth $1,535,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Fiduciary Alliance LLC increased its stake in shares of ARK Innovation ETF by 2.9% during the 2nd quarter. Fiduciary Alliance LLC now owns 6,459 shares of the company’s stock worth $454,000 after purchasing an additional 180 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in shares of ARK Innovation ETF by 4.2% during the 2nd quarter. AdvisorNet Financial Inc now owns 4,618 shares of the company’s stock worth $325,000 after buying an additional 187 shares during the period. Principal Securities Inc. boosted its holdings in shares of ARK Innovation ETF by 3.9% during the 1st quarter. Principal Securities Inc. now owns 6,629 shares of the company’s stock worth $315,000 after buying an additional 250 shares during the period. Straight Path Wealth Management boosted its holdings in shares of ARK Innovation ETF by 2.4% during the 2nd quarter. Straight Path Wealth Management now owns 12,496 shares of the company’s stock worth $878,000 after buying an additional 292 shares during the period. Finally, IFP Advisors Inc boosted its holdings in shares of ARK Innovation ETF by 2.4% during the 1st quarter. IFP Advisors Inc now owns 14,192 shares of the company’s stock worth $675,000 after buying an additional 334 shares during the period.
ARK Innovation ETF Trading Up 1.0%
NYSEARCA ARKK opened at $90.25 on Tuesday. The company has a fifty day simple moving average of $82.37 and a 200 day simple moving average of $69.89. The company has a market cap of $8.67 billion, a P/E ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 1 year low of $38.57 and a 1 year high of $92.65.
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 managed by ARK.
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