ARK Innovation ETF (NYSEARCA:ARKK) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 1.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,254 shares of the company’s stock after buying an additional 890 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.06% of ARK Innovation ETF worth $4,005,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in ARKK. International Assets Investment Management LLC increased its position in shares of ARK Innovation ETF by 5,773.2% in the 3rd quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after purchasing an additional 1,562,287 shares during the last quarter. Granite Bay Wealth Management LLC increased its holdings in ARK Innovation ETF by 3,969.2% in the second quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock valued at $62,559,000 after buying an additional 1,357,875 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in ARK Innovation ETF by 120.9% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after buying an additional 774,315 shares in the last quarter. Cowen AND Company LLC lifted its holdings in ARK Innovation ETF by 1,048.3% during the 2nd quarter. Cowen AND Company LLC now owns 275,950 shares of the company’s stock worth $12,128,000 after buying an additional 251,918 shares during the last quarter. Finally, Total Investment Management Inc. grew its position in shares of ARK Innovation ETF by 16.9% in the 3rd quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after acquiring an additional 193,251 shares in the last quarter.

ARK Innovation ETF Trading Up 2.6 %

ARKK stock opened at $56.21 on Monday. ARK Innovation ETF has a 1-year low of $36.85 and a 1-year high of $58.38. The firm has a fifty day moving average price of $49.03 and a two-hundred day moving average price of $46.00.

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.