ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Blue Trust Inc.

Blue Trust Inc. decreased its position in ARK Innovation ETF (NYSEARCA:ARKK) by 82.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 262,153 shares of the company’s stock after selling 1,252,710 shares during the period. Blue Trust Inc. owned about 0.18% of ARK Innovation ETF worth $14,882,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ARKK. Renaissance Technologies LLC acquired a new stake in shares of ARK Innovation ETF during the second quarter valued at $246,000. Hershey Financial Advisers LLC acquired a new stake in shares of ARK Innovation ETF during the second quarter valued at $32,000. Truist Financial Corp boosted its stake in shares of ARK Innovation ETF by 3.1% during the second quarter. Truist Financial Corp now owns 172,433 shares of the company’s stock valued at $7,578,000 after acquiring an additional 5,160 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in shares of ARK Innovation ETF during the second quarter valued at $34,000. Finally, Sanctuary Advisors LLC acquired a new stake in ARK Innovation ETF in the 2nd quarter worth about $2,115,000.

ARK Innovation ETF Price Performance

Shares of NYSEARCA:ARKK opened at $62.33 on Monday. The stock’s 50-day moving average price is $59.13 and its two-hundred day moving average price is $50.78. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $63.61.

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 managed by ARK.