Commonwealth Equity Services LLC raised its position in ARK Innovation ETF (NYSEARCA:ARKK) by 40.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 226,477 shares of the company’s stock after acquiring an additional 65,370 shares during the period. Commonwealth Equity Services LLC owned approximately 0.78% of ARK Innovation ETF worth $10,721,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Acorn Wealth Advisors LLC purchased a new stake in ARK Innovation ETF in the second quarter valued at approximately $102,000. Envestnet Asset Management Inc. raised its holdings in ARK Innovation ETF by 464.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,541 shares of the company’s stock valued at $114,000 after acquiring an additional 2,091 shares in the last quarter. Whitnell & Co. acquired a new stake in ARK Innovation ETF in the third quarter valued at $166,000. Patriot Financial Group Insurance Agency LLC acquired a new stake in ARK Innovation ETF in the third quarter valued at $173,000. Finally, Andesa Financial Management Inc. acquired a new stake in ARK Innovation ETF in the third quarter valued at $203,000.

ARKK traded down $1.44 during trading on Friday, hitting $42.10. The company had a trading volume of 188,815 shares, compared to its average volume of 350,713. ARK Innovation ETF has a 1-year low of $36.36 and a 1-year high of $49.87.

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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