Main Management ETF Advisors LLC Acquires 4,530 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Main Management ETF Advisors LLC lifted its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 0.8% during the second quarter, Holdings Channel.com reports. The firm owned 587,390 shares of the company’s stock after acquiring an additional 4,530 shares during the quarter. ARK Fintech Innovation ETF makes up 0.8% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Main Management ETF Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $16,365,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Jane Street Group LLC grew its position in shares of ARK Fintech Innovation ETF by 764.0% in the 1st quarter. Jane Street Group LLC now owns 460,977 shares of the company’s stock valued at $13,981,000 after buying an additional 407,625 shares during the last quarter. Granite Bay Wealth Management LLC boosted its holdings in ARK Fintech Innovation ETF by 2,966.5% in the second quarter. Granite Bay Wealth Management LLC now owns 422,262 shares of the company’s stock valued at $11,844,000 after acquiring an additional 408,492 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in ARK Fintech Innovation ETF by 7,942.1% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 252,443 shares of the company’s stock valued at $7,033,000 after purchasing an additional 249,304 shares during the period. Cetera Investment Advisers raised its holdings in ARK Fintech Innovation ETF by 833.5% during the 1st quarter. Cetera Investment Advisers now owns 121,722 shares of the company’s stock worth $3,692,000 after purchasing an additional 108,683 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of ARK Fintech Innovation ETF in the 1st quarter worth approximately $3,674,000.

ARK Fintech Innovation ETF Stock Up 1.0 %

ARKF opened at $29.90 on Friday. ARK Fintech Innovation ETF has a twelve month low of $17.37 and a twelve month high of $30.99. The company has a fifty day moving average of $27.69 and a 200-day moving average of $28.04. The stock has a market cap of $1.08 billion, a PE ratio of 61.35 and a beta of 2.03.

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.