Banco Santander S.A. Grows Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Banco Santander S.A. increased its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.3% in the third quarter, HoldingsChannel.com reports. The firm owned 22,039 shares of the company’s stock after buying an additional 700 shares during the period. Banco Santander S.A.’s holdings in ARK Innovation ETF were worth $1,048,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its stake in ARK Innovation ETF by 5,773.2% during the third quarter. International Assets Investment Management LLC now owns 1,589,348 shares of the company’s stock worth $755,420,000 after purchasing an additional 1,562,287 shares during the period. Granite Bay Wealth Management LLC lifted its holdings in ARK Innovation ETF by 3,969.2% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 1,392,085 shares of the company’s stock worth $62,559,000 after buying an additional 1,357,875 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in ARK Innovation ETF by 120.9% in 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 buying an additional 774,315 shares during the period. Cowen AND Company LLC grew its stake in shares of ARK Innovation ETF by 1,048.3% in the second quarter. Cowen AND Company LLC now owns 275,950 shares of the company’s stock worth $12,128,000 after acquiring an additional 251,918 shares in the last quarter. Finally, Total Investment Management Inc. increased its position in shares of ARK Innovation ETF by 16.9% during the third quarter. Total Investment Management Inc. now owns 1,338,632 shares of the company’s stock worth $63,625,000 after acquiring an additional 193,251 shares during the period.

ARK Innovation ETF Trading Up 2.6 %

NYSEARCA:ARKK opened at $56.21 on Friday. ARK Innovation ETF has a 12-month low of $36.85 and a 12-month high of $58.38. The stock has a fifty day moving average price of $49.03 and a 200 day moving average price of $45.98.

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.