US Bancorp DE Has $1.19 Million Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

US Bancorp DE lowered its stake in shares of ARK Innovation ETF (NYSEARCA:ARKKGet Rating) by 14.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,965 shares of the company’s stock after selling 3,102 shares during the period. US Bancorp DE’s holdings in ARK Innovation ETF were worth $1,191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC bought a new stake in shares of ARK Innovation ETF during the 4th quarter worth approximately $26,000. Capital Advisory Group Advisory Services LLC bought a new stake in shares of ARK Innovation ETF during the 1st quarter worth approximately $27,000. SBK Financial Inc. bought a new stake in ARK Innovation ETF in the 4th quarter valued at $28,000. LFA Lugano Financial Advisors SA bought a new stake in ARK Innovation ETF in the 1st quarter valued at $36,000. Finally, RE Dickinson Investment Advisors LLC bought a new stake in ARK Innovation ETF in the 1st quarter valued at $47,000.

ARK Innovation ETF Stock Performance

ARKK opened at $40.59 on Tuesday. ARK Innovation ETF has a 1-year low of $35.10 and a 1-year high of $126.32. The stock’s fifty day simple moving average is $45.73 and its 200 day simple moving average is $51.27.

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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