Global Retirement Partners LLC bought a new stake in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,571 shares of the company’s stock, valued at approximately $481,000.
Several other institutional investors have also recently made changes to their positions in the stock. Whipplewood Advisors LLC grew its position in shares of ARK Fintech Innovation ETF by 14,216.7% in the second quarter. Whipplewood Advisors LLC now owns 859 shares of the company’s stock valued at $43,000 after purchasing an additional 853 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in ARK Fintech Innovation ETF during the 2nd quarter valued at about $63,000. Farther Finance Advisors LLC grew its holdings in ARK Fintech Innovation ETF by 9,586.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,809 shares of the company’s stock valued at $141,000 after buying an additional 2,780 shares in the last quarter. MGB Wealth Management LLC bought a new stake in shares of ARK Fintech Innovation ETF during the first quarter valued at about $115,000. Finally, PFG Advisors purchased a new stake in shares of ARK Fintech Innovation ETF in the second quarter worth about $210,000.
ARK Fintech Innovation ETF Trading Up 1.6%
Shares of NYSEARCA:ARKF opened at $49.58 on Friday. The company has a 50 day moving average of $53.97 and a 200 day moving average of $51.35. The stock has a market cap of $1.13 billion, a P/E ratio of 36.31 and a beta of 1.94. ARK Fintech Innovation ETF has a 12 month low of $27.70 and a 12 month high of $59.20.
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.
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