Kestra Private Wealth Services LLC Purchases Shares of 9,312 ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Kestra Private Wealth Services LLC purchased a new stake in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 9,312 shares of the company’s stock, valued at approximately $257,000.

Several other institutional investors have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. lifted its position in shares of ARK Fintech Innovation ETF by 81.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,532 shares of the company’s stock worth $30,000 after purchasing an additional 690 shares during the period. Allworth Financial LP lifted its position in shares of ARK Fintech Innovation ETF by 82.2% in the 3rd quarter. Allworth Financial LP now owns 1,924 shares of the company’s stock worth $37,000 after purchasing an additional 868 shares during the period. Wealthfront Advisers LLC lifted its position in shares of ARK Fintech Innovation ETF by 5.7% in the 3rd quarter. Wealthfront Advisers LLC now owns 69,659 shares of the company’s stock worth $1,349,000 after purchasing an additional 3,774 shares during the period. Simplex Trading LLC lifted its position in shares of ARK Fintech Innovation ETF by 37.7% in the 3rd quarter. Simplex Trading LLC now owns 39,239 shares of the company’s stock worth $759,000 after purchasing an additional 10,750 shares during the period. Finally, Banque Pictet & Cie SA purchased a new stake in shares of ARK Fintech Innovation ETF in the 3rd quarter worth about $318,000.

ARK Fintech Innovation ETF Trading Down 1.8 %

NYSEARCA:ARKF opened at $27.69 on Thursday. The company has a 50-day moving average price of $28.81 and a 200-day moving average price of $26.10. ARK Fintech Innovation ETF has a 12 month low of $17.37 and a 12 month high of $30.99. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 61.35 and a beta of 2.03.

ARK Fintech Innovation ETF Company Profile

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.