Stratos Wealth Partners LTD. increased its stake in ARK Innovation ETF (NYSEARCA:ARKK) by 16.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,655 shares of the company’s stock after purchasing an additional 2,593 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in ARK Innovation ETF were worth $883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of ARKK. Parallel Advisors LLC boosted its position in ARK Innovation ETF by 7.2% during the 3rd quarter. Parallel Advisors LLC now owns 17,715 shares of the company’s stock worth $839,000 after acquiring an additional 1,186 shares during the period. Financial Advocates Investment Management boosted its position in ARK Innovation ETF by 9.5% during the 2nd quarter. Financial Advocates Investment Management now owns 14,115 shares of the company’s stock worth $644,000 after acquiring an additional 1,225 shares during the period. Canal Capital Management LLC boosted its position in ARK Innovation ETF by 17.6% during the 3rd quarter. Canal Capital Management LLC now owns 10,269 shares of the company’s stock worth $486,000 after acquiring an additional 1,535 shares during the period. Envestnet Asset Management Inc. boosted its position in ARK Innovation ETF by 464.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,541 shares of the company’s stock worth $114,000 after acquiring an additional 2,091 shares during the period. Finally, Acorn Wealth Advisors LLC acquired a new stake in ARK Innovation ETF during the 2nd quarter worth about $102,000.

Shares of NYSEARCA ARKK opened at $44.38 on Friday. ARK Innovation ETF has a one year low of $33.98 and a one year high of $49.87.

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Further Reading: What is a closed-end mutual fund (CEF)?

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

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