ARK Fintech Innovation ETF $ARKF Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. trimmed its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 11.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,911 shares of the company’s stock after selling 1,533 shares during the period. Baird Financial Group Inc.’s holdings in ARK Fintech Innovation ETF were worth $396,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its stake in ARK Fintech Innovation ETF by 717.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 695 shares of the company’s stock valued at $26,000 after buying an additional 610 shares during the period. Park Square Financial Group LLC acquired a new position in ARK Fintech Innovation ETF during the 4th quarter valued at about $30,000. von Borstel & Associates Inc. acquired a new position in ARK Fintech Innovation ETF during the 1st quarter valued at about $33,000. Copia Wealth Management acquired a new position in ARK Fintech Innovation ETF during the 4th quarter valued at about $43,000. Finally, Golden State Wealth Management LLC increased its stake in ARK Fintech Innovation ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,814 shares of the company’s stock valued at $60,000 after buying an additional 907 shares during the period.

ARK Fintech Innovation ETF Price Performance

Shares of ARKF opened at $54.72 on Friday. The firm’s 50 day moving average is $53.30 and its 200-day moving average is $43.65. The stock has a market capitalization of $1.40 billion, a P/E ratio of 36.31 and a beta of 1.50. ARK Fintech Innovation ETF has a 12-month low of $27.64 and a 12-month high of $56.04.

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.