Strategic Blueprint LLC Reduces Holdings in ARK Innovation ETF $ARKK

Strategic Blueprint LLC lessened its position in shares of ARK Innovation ETF (BATS:ARKK) by 80.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,496 shares of the company’s stock after selling 14,774 shares during the period. Strategic Blueprint LLC’s holdings in ARK Innovation ETF were worth $269,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ARKK. Dakota Wealth Management purchased a new stake in ARK Innovation ETF in the fourth quarter worth about $2,001,000. Commonwealth Equity Services LLC increased its position in ARK Innovation ETF by 17.1% in the third quarter. Commonwealth Equity Services LLC now owns 413,265 shares of the company’s stock worth $35,665,000 after buying an additional 60,451 shares in the last quarter. NavPoint Financial Inc. increased its position in ARK Innovation ETF by 72.6% in the fourth quarter. NavPoint Financial Inc. now owns 20,040 shares of the company’s stock worth $1,541,000 after buying an additional 8,430 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in ARK Innovation ETF by 10.9% in the third quarter. Concurrent Investment Advisors LLC now owns 125,727 shares of the company’s stock worth $10,850,000 after buying an additional 12,380 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in ARK Innovation ETF in the fourth quarter worth about $562,000.

ARK Innovation ETF Stock Up 1.4%

Shares of ARKK opened at $76.92 on Friday. The business has a 50-day simple moving average of $72.32 and a two-hundred day simple moving average of $77.35. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 52 week low of $48.53 and a 52 week high of $92.65.

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 issued by ARK.