Trust Co. of Vermont trimmed its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 82.0% in the third quarter, Holdings Channel.com reports. The fund owned 655 shares of the company’s stock after selling 2,988 shares during the quarter. Trust Co. of Vermont’s holdings in ARK Innovation ETF were worth $26,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in ARKK. Strategic Investment Solutions Inc. IL bought a new position in shares of ARK Innovation ETF during the 1st quarter worth about $25,000. Lindbrook Capital LLC increased its position in shares of ARK Innovation ETF by 77.5% during the 3rd quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares in the last quarter. Hollencrest Capital Management increased its position in shares of ARK Innovation ETF by 74.5% during the 1st quarter. Hollencrest Capital Management now owns 698 shares of the company’s stock worth $28,000 after purchasing an additional 298 shares in the last quarter. Oliver Lagore Vanvalin Investment Group increased its position in shares of ARK Innovation ETF by 103.3% during the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 738 shares of the company’s stock worth $29,000 after purchasing an additional 375 shares in the last quarter. Finally, Authentikos Wealth Advisory LLC acquired a new stake in shares of ARK Innovation ETF during the 3rd quarter worth about $31,000.
ARK Innovation ETF Trading Up 0.2 %
Shares of ARK Innovation ETF stock opened at $50.36 on Thursday. The company has a 50-day simple moving average of $48.57 and a 200 day simple moving average of $45.14. ARK Innovation ETF has a 12-month low of $33.76 and a 12-month high of $54.52.
About ARK Innovation ETF
(Free Report)
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.
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