Dynamic Advisor Solutions LLC Buys 14,212 Shares of ARK Fintech Innovation ETF $ARKF

Dynamic Advisor Solutions LLC lifted its stake in shares of ARK Fintech Innovation ETF (BATS:ARKF) by 178.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,182 shares of the company’s stock after purchasing an additional 14,212 shares during the quarter. Dynamic Advisor Solutions LLC owned 0.10% of ARK Fintech Innovation ETF worth $1,057,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in ARK Fintech Innovation ETF by 5.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,103 shares of the company’s stock valued at $504,000 after purchasing an additional 518 shares in the last quarter. Centaurus Financial Inc. grew its stake in ARK Fintech Innovation ETF by 17.1% during the third quarter. Centaurus Financial Inc. now owns 12,493 shares of the company’s stock worth $710,000 after buying an additional 1,820 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in ARK Fintech Innovation ETF during the third quarter worth about $33,000. Advisory Services Network LLC bought a new position in ARK Fintech Innovation ETF in the 3rd quarter valued at about $97,000. Finally, Palisade Asset Management LLC acquired a new position in shares of ARK Fintech Innovation ETF in the 3rd quarter valued at approximately $51,000.

ARK Fintech Innovation ETF Trading Up 1.3%

Shares of ARK Fintech Innovation ETF stock opened at $39.07 on Thursday. The company has a 50 day moving average of $41.36 and a 200-day moving average of $48.57. ARK Fintech Innovation ETF has a 1-year low of $27.70 and a 1-year high of $59.20. The company has a market cap of $937.68 million, a PE ratio of 36.31 and a beta of 1.89.

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 issued by ARK.