SageView Advisory Group LLC Boosts Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

SageView Advisory Group LLC increased its stake in ARK Innovation ETF (NYSEARCA: ARKK) by 6.3% during the 4th quarter, owning 10,828 shares of the company’s stock worth $567,000. Other institutional investors and hedge funds also made moves with the stock, including Gerber LLC, Creekmur Asset Management LLC, Centaurus Financial Inc., Integrated Advisors Network LLC, and Scarborough Advisors LLC. ARKK opened at $43.66 on Wednesday, with a 50-day moving average of $44.35 and a two-hundred day moving average of $47.53. The fund, launched on Oct 31, 2014, seeks long-term capital growth from companies globally involved in disruptive innovation.