Private Advisor Group LLC decreased its stake in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free Report) by 5.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,900 shares of the company’s stock after selling 1,512 shares during the quarter. Private Advisor Group LLC’s holdings in ARK Fintech Innovation ETF were worth $659,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in ARK Fintech Innovation ETF during the 4th quarter worth approximately $85,990,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of ARK Fintech Innovation ETF during the 3rd quarter worth about $334,000. Raymond James & Associates lifted its stake in ARK Fintech Innovation ETF by 3.2% during the fourth quarter. Raymond James & Associates now owns 100,955 shares of the company’s stock worth $2,784,000 after purchasing an additional 3,150 shares during the last quarter. Banque Pictet & Cie SA acquired a new position in ARK Fintech Innovation ETF in the third quarter valued at approximately $318,000. Finally, Sowell Financial Services LLC acquired a new position in ARK Fintech Innovation ETF in the fourth quarter valued at approximately $1,171,000.
ARK Fintech Innovation ETF Trading Up 1.2 %
ARKF stock opened at $28.10 on Friday. The stock has a market cap of $1.02 billion, a P/E ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a twelve month low of $17.37 and a twelve month high of $30.99. The company’s 50 day moving average is $28.62 and its two-hundred day moving average is $26.51.
About ARK Fintech Innovation ETF
(Free Report)
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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