Integral Investment Advisors Inc. Has $3.48 Million Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Integral Investment Advisors Inc. reduced its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,455 shares of the company’s stock after selling 1,465 shares during the quarter. ARK Innovation ETF accounts for about 2.2% of Integral Investment Advisors Inc.’s holdings, making the stock its 16th biggest position. Integral Investment Advisors Inc.’s holdings in ARK Innovation ETF were worth $3,480,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ARKK. Morgan Stanley lifted its position in shares of ARK Innovation ETF by 5.1% during the third quarter. Morgan Stanley now owns 9,524,089 shares of the company’s stock valued at $377,821,000 after purchasing an additional 460,104 shares in the last quarter. Moneta Group Investment Advisors LLC raised its position in ARK Innovation ETF by 86,013.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,038,508 shares of the company’s stock worth $282,363,000 after acquiring an additional 9,028,012 shares during the period. SHANDA ASSET MANAGEMENT HOLDINGS Ltd raised its position in ARK Innovation ETF by 13.7% in the fourth quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd now owns 8,052,500 shares of the company’s stock worth $251,560,000 after acquiring an additional 969,400 shares during the period. Jane Street Group LLC raised its position in ARK Innovation ETF by 298.6% in the first quarter. Jane Street Group LLC now owns 6,163,775 shares of the company’s stock worth $248,647,000 after acquiring an additional 4,617,445 shares during the period. Finally, LPL Financial LLC raised its position in ARK Innovation ETF by 2.5% in the third quarter. LPL Financial LLC now owns 3,631,858 shares of the company’s stock worth $144,076,000 after acquiring an additional 89,000 shares during the period.

ARK Innovation ETF Stock Performance

ARKK stock traded up $0.02 during mid-day trading on Thursday, hitting $43.04. The company had a trading volume of 10,302,366 shares, compared to its average volume of 14,381,511. The stock’s fifty day moving average price is $49.07 and its two-hundred day moving average price is $46.22. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month 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.