Toronto Dominion Bank Lowers Stock Position in ARK Innovation ETF (NYSEARCA:ARKK)

Toronto Dominion Bank cut its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 48.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,307 shares of the company’s stock after selling 4,112 shares during the quarter. Toronto Dominion Bank’s holdings in ARK Innovation ETF were worth $205,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Family Firm Inc. purchased a new position in ARK Innovation ETF during the second quarter valued at $49,000. Renaissance Technologies LLC purchased a new position in shares of ARK Innovation ETF in the 2nd quarter worth about $246,000. Chris Bulman Inc bought a new position in ARK Innovation ETF in the 2nd quarter worth about $87,000. D. E. Shaw & Co. Inc. grew its position in ARK Innovation ETF by 120.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,414,713 shares of the company’s stock valued at $62,177,000 after purchasing an additional 774,315 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC increased its stake in ARK Innovation ETF by 3.3% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 69,288 shares of the company’s stock valued at $3,045,000 after purchasing an additional 2,225 shares in the last quarter.

ARK Innovation ETF Price Performance

ARK Innovation ETF stock opened at $62.94 on Tuesday. ARK Innovation ETF has a 12 month low of $36.85 and a 12 month high of $63.44. The stock has a fifty day simple moving average of $53.25 and a two-hundred day simple moving average of $47.73.

ARK Innovation ETF 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.