Sumitomo Mitsui Trust Holdings Inc. Invests $1.46 Million in ARK Innovation ETF (NYSEARCA:ARKK)

Sumitomo Mitsui Trust Holdings Inc. purchased a new position in shares of ARK Innovation ETF (NYSEARCA:ARKK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 27,800 shares of the company’s stock, valued at approximately $1,456,000.

Several other large investors have also recently added to or reduced their stakes in the company. Clear Creek Financial Management LLC grew its position in ARK Innovation ETF by 1.7% during the fourth quarter. Clear Creek Financial Management LLC now owns 14,042 shares of the company’s stock worth $735,000 after buying an additional 229 shares during the period. Signaturefd LLC increased its stake in ARK Innovation ETF by 3.5% in the 3rd quarter. Signaturefd LLC now owns 7,496 shares of the company’s stock valued at $297,000 after purchasing an additional 255 shares in the last quarter. Private Trust Co. NA boosted its position in ARK Innovation ETF by 8.0% during the third quarter. Private Trust Co. NA now owns 3,679 shares of the company’s stock worth $146,000 after purchasing an additional 271 shares in the last quarter. Diligent Investors LLC grew its holdings in ARK Innovation ETF by 3.5% in the fourth quarter. Diligent Investors LLC now owns 9,052 shares of the company’s stock valued at $474,000 after purchasing an additional 305 shares during the last quarter. Finally, Lindbrook Capital LLC increased its position in shares of ARK Innovation ETF by 77.5% in the third quarter. Lindbrook Capital LLC now owns 710 shares of the company’s stock valued at $28,000 after buying an additional 310 shares in the last quarter.

ARK Innovation ETF Trading Up 0.1 %

ARK Innovation ETF stock opened at $43.90 on Thursday. The firm’s 50-day simple moving average is $48.44 and its 200 day simple moving average is $46.37. ARK Innovation ETF has a 52 week low of $33.76 and a 52 week high of $54.52.

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.