Blue Trust Inc. Has $3.31 Million Holdings in ARK Innovation ETF $ARKK

Blue Trust Inc. decreased its position in shares of ARK Innovation ETF (BATS:ARKK) by 14.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,903 shares of the company’s stock after selling 8,020 shares during the quarter. Blue Trust Inc. owned about 0.05% of ARK Innovation ETF worth $3,305,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. State of Wisconsin Investment Board increased its stake in ARK Innovation ETF by 95.8% during the 4th quarter. State of Wisconsin Investment Board now owns 2,804,342 shares of the company’s stock valued at $215,710,000 after purchasing an additional 1,372,438 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of ARK Innovation ETF by 8,291.5% during the second quarter. Orion Porfolio Solutions LLC now owns 1,609,327 shares of the company’s stock valued at $113,120,000 after buying an additional 1,590,149 shares during the last quarter. Qube Research & Technologies Ltd increased its position in shares of ARK Innovation ETF by 634.7% during the third quarter. Qube Research & Technologies Ltd now owns 885,121 shares of the company’s stock worth $76,386,000 after acquiring an additional 764,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of ARK Innovation ETF by 620.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 650,621 shares of the company’s stock worth $50,046,000 after acquiring an additional 560,286 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of ARK Innovation ETF in the 3rd quarter worth about $39,269,000.

ARK Innovation ETF Price Performance

ARKK opened at $76.72 on Thursday. The firm has a market capitalization of $7.26 billion, a PE ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a fifty-two week low of $62.94 and a fifty-two week high of $92.65. The company’s 50-day moving average is $77.43 and its 200 day moving average is $75.96.

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 issued by ARK.