ARK Investment Management LLC raised its stake in Rocket Lab USA, Inc. (NASDAQ:RKLB – Free Report) by 20.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,829,373 shares of the rocket manufacturer’s stock after purchasing an additional 638,440 shares during the period. ARK Investment Management LLC owned about 0.80% of Rocket Lab USA worth $22,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. DNB Asset Management AS lifted its stake in Rocket Lab USA by 20.1% in the second quarter. DNB Asset Management AS now owns 196,279 shares of the rocket manufacturer’s stock worth $1,176,000 after acquiring an additional 32,818 shares during the last quarter. DnB Asset Management AS lifted its position in shares of Rocket Lab USA by 20.1% during the 2nd quarter. DnB Asset Management AS now owns 196,279 shares of the rocket manufacturer’s stock worth $1,176,000 after purchasing an additional 32,818 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of Rocket Lab USA during the first quarter worth $47,000. BKA Wealth Consulting Inc. acquired a new stake in Rocket Lab USA in the first quarter valued at $60,000. Finally, JPMorgan Chase & Co. raised its stake in Rocket Lab USA by 68.1% in…
