Crescent Grove Advisors LLC Reduces Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Crescent Grove Advisors LLC lessened its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 18.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 44,501 shares of the company’s stock after selling 10,028 shares during the quarter. Crescent Grove Advisors LLC’s holdings in ARK Innovation ETF were worth $2,115,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ARKK. International Assets Investment Management LLC increased its stake in ARK Innovation ETF by 5,773.2% during the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after acquiring an additional 1,562,287 shares during the last quarter. Blue Trust Inc. increased its position in shares of ARK Innovation ETF by 3.4% during the 3rd quarter. Blue Trust Inc. now owns 1,514,863 shares of the company’s stock worth $66,578,000 after purchasing an additional 50,251 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in ARK Innovation ETF by 120.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after buying an additional 774,315 shares during the period. Granite Bay Wealth Management LLC raised its holdings in ARK Innovation ETF by 3,969.2% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock valued at $62,559,000 after buying an additional 1,357,875 shares during the period. Finally, Total Investment Management Inc. lifted its position in ARK Innovation ETF by 1.3% in the second quarter. Total Investment Management Inc. now owns 1,145,381 shares of the company’s stock valued at $50,339,000 after buying an additional 15,222 shares during the last quarter.

ARK Innovation ETF Trading Up 3.2 %

Shares of ARKK opened at $48.19 on Wednesday. The firm has a 50-day simple moving average of $46.16 and a two-hundred day simple moving average of $45.04. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $54.52.

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.