Truist Financial Corp Grows Stake in ARK Innovation ETF (NYSEARCA:ARKK)

Truist Financial Corp raised its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK – Get Rating) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,792 shares of the company’s stock after purchasing an additional 11,374 shares during the period. Truist Financial Corp owned 0.06% of ARK Innovation ETF worth $4,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Wagner Wealth Management LLC purchased a new stake in ARK Innovation ETF during the 2nd quarter valued at $26,000. Venture Visionary Partners LLC purchased a new stake in shares of ARK Innovation ETF in the second quarter valued at $32,000. Clearview Wealth Advisors LLC lifted its holdings in shares of ARK Innovation ETF by 60.3% in the 2nd quarter. Clearview Wealth Advisors LLC now owns 835 shares of the company’s stock worth $33,000 after acquiring an additional 314 shares during the last quarter. FinTrust Capital Advisors LLC boosted its stake in shares of ARK Innovation ETF by 143.5% during the 2nd quarter. FinTrust Capital Advisors LLC now owns 758 shares of the company’s stock worth $35,000 after purchasing an additional 2,500 shares during the period. Finally, Heritage Wealth Management LLC purchased a new position in shares of ARK Innovation ETF during the 2nd quarter worth about $37,000.

ARK Innovation ETF Price Performance

ARK Innovation ETF stock opened at $35.49 on Friday. ARK Innovation ETF has a 1-year low of $29.43 and a 1-year high of $85.17. The company’s 50-day moving average is $34.40 and its 200 day moving average is $39.66.