ARK Innovation ETF (NYSEARCA:ARKK) Position Lessened by Missouri Trust & Investment Co

Missouri Trust & Investment Co lowered its position in ARK Innovation ETF (NYSEARCA:ARKK) by 4.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,175 shares of the company’s stock after selling 1,725 shares during the quarter. ARK Innovation ETF makes up approximately 0.7% of Missouri Trust & Investment Co’s holdings, making the stock its 27th largest holding. Missouri Trust & Investment Co’s holdings in ARK Innovation ETF were worth $2,110,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in ARK Innovation ETF in the second quarter worth approximately $246,000. D. E. Shaw & Co. Inc. lifted its stake in shares of ARK Innovation ETF by 120.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after purchasing an additional 774,315 shares during the last quarter. Straight Path Wealth Management boosted its holdings in ARK Innovation ETF by 2.7% in the second quarter. Straight Path Wealth Management now owns 13,230 shares of the company’s stock worth $581,000 after purchasing an additional 350 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in ARK Innovation ETF during the second quarter worth $32,000. Finally, Truist Financial Corp raised its holdings in 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 buying an additional 5,160 shares in the last quarter.

ARK Innovation ETF Stock Up 3.2 %

Shares of NYSEARCA:ARKK opened at $61.50 on Wednesday. The business has a 50-day moving average of $58.56 and a two-hundred day moving average of $50.36. ARK Innovation ETF has a fifty-two week low of $36.85 and a fifty-two week high of $63.44.

ARK Innovation ETF Company 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.