Thrivent Financial for Lutherans Lowers Stock Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Thrivent Financial for Lutherans cut its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 38.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,364 shares of the company’s stock after selling 51,028 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.06% of ARK Innovation ETF worth $3,664,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Granite Bay Wealth Management LLC boosted its position in shares of ARK Innovation ETF by 3,969.2% during the second quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock worth $62,559,000 after acquiring an additional 1,357,875 shares during the last quarter. Total Investment Management Inc. grew its position in shares of ARK Innovation ETF by 1.3% during the second quarter. Total Investment Management Inc. now owns 1,145,381 shares of the company’s stock valued at $50,339,000 after purchasing an additional 15,222 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of ARK Innovation ETF by 120.0% in the first quarter. Cetera Investment Advisers now owns 329,452 shares of the company’s stock worth $16,499,000 after purchasing an additional 179,699 shares during the last quarter. McCarthy & Cox bought a new stake in shares of ARK Innovation ETF in the first quarter worth about $16,409,000. Finally, Global Assets Advisory LLC purchased a new stake in shares of ARK Innovation ETF in the first quarter worth about $15,603,000.

ARK Innovation ETF Stock Performance

NYSEARCA ARKK opened at $47.88 on Friday. The business has a 50 day simple moving average of $44.46 and a two-hundred day simple moving average of $45.25. ARK Innovation ETF has a 1-year low of $33.76 and a 1-year high of $54.52.

About ARK Innovation ETF

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.