Farther Finance Advisors LLC Acquires 2,780 Shares of ARK Fintech Innovation ETF $ARKF

Farther Finance Advisors LLC lifted its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 9,586.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,809 shares of the company’s stock after purchasing an additional 2,780 shares during the period. Farther Finance Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $141,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. von Borstel & Associates Inc. bought a new stake in shares of ARK Fintech Innovation ETF during the 1st quarter valued at about $33,000. Copia Wealth Management increased its holdings in shares of ARK Fintech Innovation ETF by 33.1% during the first quarter. Copia Wealth Management now owns 1,559 shares of the company’s stock valued at $52,000 after acquiring an additional 388 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in shares of ARK Fintech Innovation ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,814 shares of the company’s stock valued at $60,000 after acquiring an additional 907 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of ARK Fintech Innovation ETF by 99,900.0% during 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, MGB Wealth Management LLC bought a new stake in shares of ARK Fintech Innovation ETF during the first quarter valued at approximately $115,000.

ARK Fintech Innovation ETF Stock Up 2.6%

NYSEARCA ARKF opened at $57.67 on Friday. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 36.31 and a beta of 1.50. ARK Fintech Innovation ETF has a 52 week low of $27.70 and a 52 week high of $58.35. The business has a 50 day moving average price of $54.42 and a 200-day moving average price of $45.75.

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.