ARK Investment Management reduces its stake in Kaiser Aluminum by 11%

ARK Investment Management LLC has decreased its stake by 11 per cent during the fourth quarter (Q4) in Kaiser Aluminum, based on the analysis of the most recent SEC filing. After selling 3,257 shares during the period, the company now owned 26,251 shares of the industrial products company's stock. As of its most recent SEC disclosure, ARK Investment Management LLC held approximately 0.16 per cent of Kaiser Aluminum for $1,994,000.

Other institutional investors have also purchased and sold Kaiser Aluminium shares lately. In the first quarter, JPMorgan Chase & Co. increased its stake in Kaiser Aluminum by 18.4%. After acquiring an additional 3,108 shares over the period, JPMorgan Chase & Co. now owns 19,988 shares of the industrial goods company's stock, valued at $1,882,000.

During the first quarter, Bank of New York Mellon Corp increased its stake in Kaiser Aluminum by 8.0%. After purchasing an additional 12,759 shares in the most recent quarter, Bank of New York Mellon Corp now owns 171,375 shares of the industrial products company's stock, valued at $16,136,000.