Capital Investment Advisors LLC recently sold shares of ARK Innovation ETF (NYSEARCA:ARKK). The move was reported by Defense World. The exact number of shares sold and the reasons behind the sale were not disclosed. The ARK Innovation ETF is a popular exchange-traded fund known for its focus on innovative and disruptive technologies. This sell-off by Capital Investment Advisors LLC may indicate a shift in their investment strategy or a profit-taking opportunity. Investors will be keeping a close eye on future developments with ARKK and how it may impact the overall market.