Global Retirement Partners LLC acquired a new position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free Report) in the 2nd quarter, Holdings Channel reports. The fund acquired 9,571 shares of the company’s stock, valued at approximately $481,000.
A number of other institutional investors and hedge funds have also bought and sold shares of ARKF. Whipplewood Advisors LLC lifted its position in ARK Fintech Innovation ETF by 14,216.7% during the second quarter. Whipplewood Advisors LLC now owns 859 shares of the company’s stock valued at $43,000 after purchasing an additional 853 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the 2nd quarter valued at $63,000. Farther Finance Advisors LLC lifted its holdings in shares of ARK Fintech Innovation ETF by 9,586.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,809 shares of the company’s stock worth $141,000 after acquiring an additional 2,780 shares during the last quarter. MGB Wealth Management LLC purchased a new position in ARK Fintech Innovation ETF in the first quarter worth $115,000. Finally, PFG Advisors bought a new position in ARK Fintech Innovation ETF in the second quarter valued at $210,000.
ARK Fintech Innovation ETF Stock Up 1.6%
NYSEARCA ARKF opened at $49.58 on Friday. The stock’s 50-day simple moving average is $53.97 and its two-hundred day simple moving average is $51.35. ARK Fintech Innovation ETF has a twelve month low of $27.70 and a twelve month high of $59.20. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 36.31 and a beta of 1.94.
About ARK Fintech Innovation ETF
The ARK Fintech Innovation ETF (ARKF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of stocks related to financial technology innovation. ARKF was launched on Feb 4, 2019 and is managed by ARK.
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