Missouri Trust & Investment Co cut its position in shares of ARK Innovation ETF (NYSEARCA:ARKK – Free Report) by 4.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,175 shares of the company’s stock after selling 1,725 shares during the quarter. ARK Innovation ETF accounts for 0.7% of Missouri Trust & Investment Co’s portfolio, making the stock its 27th largest position. Missouri Trust & Investment Co’s holdings in ARK Innovation ETF were worth $2,110,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Trust Asset Management LLC lifted its position 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 acquiring an additional 550 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of ARK Innovation ETF in the second quarter valued at $32,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ARK Innovation ETF during the second quarter valued at $34,000. Brown Brothers Harriman & Co. acquired a new position in ARK Innovation ETF during the third quarter valued at $76,000. Finally, Hobbs Group Advisors LLC acquired a new position in ARK Innovation ETF during the third quarter valued at $86,000.
ARK Innovation ETF Stock Performance
Shares of NYSEARCA ARKK opened at $61.50 on Wednesday. ARK Innovation ETF has a one year low of $36.85 and a one year high of $63.44. The business has a 50-day moving average price of $58.56 and a two-hundred day moving average price of $50.36.
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.
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