Fifth Third Bancorp reduced its position in ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,614 shares of the company’s stock after selling 289 shares during the quarter. Fifth Third Bancorp’s holdings in ARK Innovation ETF were worth $242,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of ARKK. Strategic Investment Solutions Inc. IL acquired a new stake in shares of ARK Innovation ETF in the 1st quarter valued at approximately $25,000. Lindbrook Capital LLC boosted its stake in shares of ARK Innovation ETF by 77.5% in the 3rd quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock valued at $28,000 after purchasing an additional 310 shares in the last quarter. Hollencrest Capital Management boosted its stake in shares of ARK Innovation ETF by 74.5% in the 1st quarter. Hollencrest Capital Management now owns 698 shares of the company’s stock valued at $28,000 after purchasing an additional 298 shares in the last quarter. Oliver Lagore Vanvalin Investment Group boosted its position in 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 buying an additional 375 shares during the period. Finally, Authentikos Wealth Advisory LLC acquired a new stake in ARK Innovation ETF during the 3rd quarter worth approximately $31,000.
ARK Innovation ETF Trading Up 2.1 %
NYSEARCA:ARKK opened at $48.10 on Tuesday. The firm’s 50 day simple moving average is $49.12 and its 200 day simple moving average is $45.92. ARK Innovation ETF has a one year low of $33.76 and a one year high of $54.52.
ARK Innovation ETF Profile
(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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