Blue Trust Inc. lowered its position in ARK Innovation ETF (BATS:ARKK – Free Report) by 14.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,903 shares of the company’s stock after selling 8,020 shares during the period. Blue Trust Inc.’s holdings in ARK Innovation ETF were worth $3,305,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Caitlin John LLC purchased a new position in ARK Innovation ETF during the third quarter worth about $27,000. TD Capital Management LLC bought a new position in shares of ARK Innovation ETF during the 4th quarter worth approximately $30,000. Wealth Watch Advisors INC bought a new position in shares of ARK Innovation ETF during the 3rd quarter worth approximately $32,000. Riggs Asset Managment Co. Inc. lifted its position in shares of ARK Innovation ETF by 1,635.7% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 486 shares of the company’s stock worth $34,000 after buying an additional 458 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of ARK Innovation ETF by 85.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 418 shares of the company’s stock worth $36,000 after buying an additional 192 shares during the last quarter.
ARK Innovation ETF Stock Up 0.1%
ARKK stock opened at $76.72 on Thursday. The firm has a market cap of $7.26 billion, a PE ratio of 50.14 and a beta of 1.92. The business has a 50 day moving average of $77.43 and a 200-day moving average of $75.96. ARK Innovation ETF has a 12-month low of $62.94 and a 12-month high of $92.65.
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 issued by ARK.
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