First Heartland Consultants Inc. Trims Stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

First Heartland Consultants Inc. lowered its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 11.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,765 shares of the company’s stock after selling 1,687 shares during the quarter. First Heartland Consultants Inc.’s holdings in ARK Fintech Innovation ETF were worth $356,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. EdgeRock Capital LLC purchased a new stake in ARK Fintech Innovation ETF in the second quarter valued at $215,000. Insight Advisors LLC PA grew its stake in shares of ARK Fintech Innovation ETF by 8.3% in the second quarter. Insight Advisors LLC PA now owns 15,938 shares of the company’s stock valued at $444,000 after buying an additional 1,223 shares in the last quarter. Granite Bay Wealth Management LLC grew its stake in shares of ARK Fintech Innovation ETF by 2,966.5% in the second quarter. Granite Bay Wealth Management LLC now owns 422,262 shares of the company’s stock valued at $11,844,000 after buying an additional 408,492 shares in the last quarter. CWM LLC grew its stake in shares of ARK Fintech Innovation ETF by 1.9% in the second quarter. CWM LLC now owns 45,122 shares of the company’s stock valued at $1,257,000 after buying an additional 845 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of ARK Fintech Innovation ETF by 833.5% in the first quarter. Cetera Investment Advisers now owns 121,722 shares of the company’s stock valued at $3,692,000 after buying an additional 108,683 shares in the last quarter.

ARK Fintech Innovation ETF Trading Down 0.7 %

Shares of NYSEARCA ARKF opened at $28.59 on Tuesday. ARK Fintech Innovation ETF has a twelve month low of $17.37 and a twelve month high of $30.99. The stock has a fifty day simple moving average of $27.53 and a 200-day simple moving average of $28.00. The stock has a market capitalization of $1.03 billion, a PE 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.