PNC Financial Services Group Inc. Has $998,000 Stake in ARK Innovation ETF (NYSEARCA:ARKK)

PNC Financial Services Group Inc. decreased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 22.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,048 shares of the company’s stock after selling 5,455 shares during the quarter. PNC Financial Services Group Inc.’s holdings in ARK Innovation ETF were worth $998,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Advisory Services Network LLC grew its holdings in ARK Innovation ETF by 7.6% during the fourth quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock valued at $628,000 after purchasing an additional 846 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of ARK Innovation ETF by 246.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 25,781 shares of the company’s stock valued at $1,350,000 after buying an additional 18,340 shares during the period. Leo Wealth LLC acquired a new position in shares of ARK Innovation ETF in the fourth quarter valued at approximately $207,000. International Assets Investment Management LLC acquired a new position in shares of ARK Innovation ETF in the fourth quarter valued at approximately $93,781,000. Finally, SageView Advisory Group LLC boosted its holdings in shares of ARK Innovation ETF by 6.3% in the fourth quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock valued at $567,000 after buying an additional 642 shares during the period.

ARK Innovation ETF Trading Down 0.1 %

ARK Innovation ETF stock opened at $43.32 on Monday. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52. The company has a 50 day moving average of $44.11 and a 200-day moving average of $47.43.

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.