ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by US Bancorp DE

US Bancorp DE lowered its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 32.9% in the third quarter, HoldingsChannel reports. The firm owned 3,265 shares of the company’s stock after selling 1,602 shares during the quarter. US Bancorp DE’s holdings in ARK Innovation ETF were worth $155,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ARKK. Ashton Thomas Private Wealth LLC acquired a new stake in ARK Innovation ETF in the second quarter valued at approximately $26,000. Global Trust Asset Management LLC raised its holdings in shares of ARK Innovation ETF by 550.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 550 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of ARK Innovation ETF during the 2nd quarter worth $32,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Innovation ETF during the second quarter worth $34,000. Finally, Opal Wealth Advisors LLC purchased a new position in ARK Innovation ETF in the second quarter valued at $37,000.

ARK Innovation ETF Stock Down 0.7 %

Shares of NYSEARCA ARKK opened at $53.46 on Friday. The business has a 50-day moving average of $47.66 and a two-hundred day moving average of $45.56. ARK Innovation ETF has a 1 year low of $36.85 and a 1 year high of $58.38.

ARK Innovation ETF Profile

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.