Citizens Financial Group Inc. RI Sells 6,417 Shares of ARK Innovation ETF $ARKK

Citizens Financial Group Inc. RI decreased its holdings in shares of ARK Innovation ETF (BATS:ARKK) by 66.7% during the third quarter, HoldingsChannel reports. The fund owned 3,200 shares of the company’s stock after selling 6,417 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in ARK Innovation ETF were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Legacy Solutions LLC boosted its holdings in shares of ARK Innovation ETF by 4.0% in the second quarter. Legacy Solutions LLC now owns 3,552 shares of the company’s stock worth $287,000 after acquiring an additional 137 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of ARK Innovation ETF by 2.9% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,013 shares of the company’s stock valued at $405,000 after purchasing an additional 139 shares during the period. Worthington Financial Partners LLC lifted its holdings in ARK Innovation ETF by 1.0% during the 3rd quarter. Worthington Financial Partners LLC now owns 14,065 shares of the company’s stock worth $1,253,000 after purchasing an additional 141 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in ARK Innovation ETF by 0.5% during the 1st quarter. Bleakley Financial Group LLC now owns 30,838 shares of the company’s stock worth $2,084,000 after purchasing an additional 146 shares in the last quarter. Finally, Integral Investment Advisors Inc. boosted its stake in ARK Innovation ETF by 0.7% in the 1st quarter. Integral Investment Advisors Inc. now owns 21,887 shares of the company’s stock worth $1,479,000 after purchasing an additional 150 shares during the period.

ARK Innovation ETF Stock Down 6.1%

Shares of BATS ARKK opened at $80.75 on Friday. The company has a market cap of $7.64 billion, a P/E ratio of 50.14 and a beta of 1.92. ARK Innovation ETF has a 52 week low of $62.94 and a 52 week high of $94.82. The business has a 50-day simple moving average of $86.29 and a two-hundred day simple moving average of $78.40.

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 issued by ARK.