Goldman Sachs Group Inc. Takes $248,000 Position in ARK Fintech Innovation ETF $ARKF

Goldman Sachs Group Inc. purchased a new position in ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,454 shares of the company’s stock, valued at approximately $248,000.

A number of other institutional investors also recently added to or reduced their stakes in ARKF. Ameriprise Financial Inc. purchased a new stake in shares of ARK Fintech Innovation ETF during the fourth quarter valued at about $219,000. Jefferies Financial Group Inc. purchased a new stake in ARK Fintech Innovation ETF during the fourth quarter valued at approximately $248,000. Wealth Enhancement Advisory Services LLC acquired a new stake in ARK Fintech Innovation ETF in the fourth quarter valued at approximately $294,000. NBC Securities Inc. boosted its stake in ARK Fintech Innovation ETF by 99,900.0% in the first quarter. NBC Securities Inc. now owns 2,000 shares of the company’s stock valued at $66,000 after acquiring an additional 1,998 shares in the last quarter. Finally, Wedmont Private Capital purchased a new position in ARK Fintech Innovation ETF in the first quarter worth $246,000.

ARK Fintech Innovation ETF Trading Up 0.5%

Shares of ARKF opened at $55.31 on Monday. ARK Fintech Innovation ETF has a 12 month low of $27.70 and a 12 month high of $58.35. The stock has a fifty day moving average price of $54.18 and a 200-day moving average price of $45.28. The firm has a market cap of $1.42 billion, a PE ratio of 36.31 and a beta of 1.50.

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.