Kingsview Wealth Management LLC Has $1.33 Million Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Kingsview Wealth Management LLC increased its stake in ARK Innovation ETF (NYSEARCA:ARKK – Get Rating) by 17.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,269 shares of the company’s stock after acquiring an additional 5,132 shares during the quarter. Kingsview Wealth Management LLC’s holdings in ARK Innovation ETF were worth $1,331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARKK. Cibc World Market Inc. lifted its stake in shares of ARK Innovation ETF by 5.0% in the first quarter. Cibc World Market Inc. now owns 76,845 shares of the company’s stock worth $5,094,000 after acquiring an additional 3,684 shares during the period. Candriam Luxembourg S.C.A. increased its holdings in ARK Innovation ETF by 100.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 35,520 shares of the company’s stock worth $2,355,000 after purchasing an additional 17,760 shares in the last quarter. Wsfs Capital Management LLC increased its holdings in ARK Innovation ETF by 22.9% in the first quarter. Wsfs Capital Management LLC now owns 7,776 shares of the company’s stock worth $515,000 after purchasing an additional 1,447 shares in the last quarter. Prudential Financial Inc. increased its holdings in ARK Innovation ETF by 26.7% in the first quarter. Prudential Financial Inc. now owns 8,554 shares of the company’s stock worth $567,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Laurel Wealth Advisors Inc. increased its holdings in ARK Innovation ETF by 46.5% in the first quarter. Laurel Wealth Advisors Inc. now owns 58,171 shares of the company’s stock worth $3,856,000 after purchasing an additional 18,454 shares in the last quarter.

ARK Innovation ETF Trading Up 2.1 %

Shares of ARKK stock opened at $37.77 on Wednesday. The stock has a 50 day simple moving average of $38.45 and a two-hundred day simple moving average of $37.55. ARK Innovation ETF has a fifty-two week low of $29.43 and a fifty-two week high of $72.00.

About ARK Innovation ETF

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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.