Tanglewood Legacy Advisors LLC Has $58,000 Position in ARK Innovation ETF (NYSEARCA:ARKK)

Tanglewood Legacy Advisors LLC lessened its position in ARK Innovation ETF (NYSEARCA:ARKK) by 84.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,220 shares of the company’s stock after selling 6,681 shares during the period. Tanglewood Legacy Advisors LLC’s holdings in ARK Innovation ETF were worth $58,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Arkadios Wealth Advisors increased its holdings in ARK Innovation ETF by 1.5% in the 2nd quarter. Arkadios Wealth Advisors now owns 14,929 shares of the company’s stock worth $656,000 after purchasing an additional 221 shares in the last quarter. Mcdonald Partners LLC increased its stake in shares of ARK Innovation ETF by 1.9% in the second quarter. Mcdonald Partners LLC now owns 12,038 shares of the company’s stock valued at $529,000 after buying an additional 225 shares during the period. Fountainhead AM LLC increased its stake in shares of ARK Innovation ETF by 5.0% in the first quarter. Fountainhead AM LLC now owns 4,923 shares of the company’s stock valued at $247,000 after buying an additional 233 shares during the period. Sound Income Strategies LLC boosted 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 valued at $177,000 after purchasing an additional 243 shares in the last quarter. Finally, TCP Asset Management LLC boosted its position in shares of ARK Innovation ETF by 5.5% during the 1st quarter. TCP Asset Management LLC now owns 4,799 shares of the company’s stock valued at $240,000 after purchasing an additional 249 shares in the last quarter.

ARK Innovation ETF Stock Performance

Shares of ARK Innovation ETF stock opened at $47.29 on Wednesday. ARK Innovation ETF has a one year low of $33.76 and a one year high of $54.52. The stock’s 50-day moving average is $44.99 and its 200 day moving average is $44.92.

ARK Innovation ETF Company 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.