ARK Innovation ETF (NYSEARCA:ARKK) Position Trimmed by Lincoln National Corp

Lincoln National Corp decreased its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKKGet Rating) by 38.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,152 shares of the company’s stock after selling 13,651 shares during the period. Lincoln National Corp’s holdings in ARK Innovation ETF were worth $836,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Jane Street Group LLC grew its position in shares of ARK Innovation ETF by 123.4% during the second quarter. Jane Street Group LLC now owns 1,092,006 shares of the company’s stock worth $43,549,000 after acquiring an additional 5,749,369 shares during the last quarter. Cowen AND Company LLC bought a new position in shares of ARK Innovation ETF during the second quarter worth about $101,694,000. Weiss Multi Strategy Advisers LLC grew its position in shares of ARK Innovation ETF by 1,228.3% during the first quarter. Weiss Multi Strategy Advisers LLC now owns 568,521 shares of the company’s stock worth $37,687,000 after acquiring an additional 525,721 shares during the last quarter. Bristlecone Advisors LLC grew its position in shares of ARK Innovation ETF by 157.2% during the second quarter. Bristlecone Advisors LLC now owns 706,647 shares of the company’s stock worth $28,181,000 after acquiring an additional 431,952 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of ARK Innovation ETF by 13.1% during the second quarter. JPMorgan Chase & Co. now owns 2,810,550 shares of the company’s stock worth $112,085,000 after acquiring an additional 326,496 shares during the last quarter.

ARK Innovation ETF Stock Performance

ARK Innovation ETF stock opened at $37.48 on Wednesday. The company has a 50-day simple moving average of $34.36 and a 200-day simple moving average of $39.22. ARK Innovation ETF has a one year low of $29.43 and a one year high of $78.25.

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Institutional Ownership by Quarter for ARK Innovation ETF (NYSEARCA:ARKK)

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