Private Advisor Group LLC Has $633,000 Stock Position in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Private Advisor Group LLC lessened its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 6.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,242 shares of the company’s stock after selling 1,411 shares during the quarter. Private Advisor Group LLC’s holdings in ARK Fintech Innovation ETF were worth $633,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ARKF. EdgeRock Capital LLC increased its holdings in shares of ARK Fintech Innovation ETF by 54.5% during the 3rd quarter. EdgeRock Capital LLC now owns 11,912 shares of the company’s stock worth $355,000 after acquiring an additional 4,204 shares during the last quarter. Granite Bay Wealth Management LLC raised its position in shares of 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 purchasing an additional 408,492 shares during the period. Creative Planning lifted its stake in shares of ARK Fintech Innovation ETF by 2.6% during the 2nd quarter. Creative Planning now owns 23,070 shares of the company’s stock worth $643,000 after buying an additional 578 shares during the last quarter. Main Management ETF Advisors LLC boosted its holdings in shares of ARK Fintech Innovation ETF by 0.8% during the 2nd quarter. Main Management ETF Advisors LLC now owns 587,390 shares of the company’s stock worth $16,365,000 after buying an additional 4,530 shares during the period. Finally, Bridges Investment Management Inc. raised its holdings in ARK Fintech Innovation ETF by 12.5% in the 2nd quarter. Bridges Investment Management Inc. now owns 19,752 shares of the company’s stock valued at $550,000 after acquiring an additional 2,200 shares during the period.

ARK Fintech Innovation ETF Stock Up 0.4 %

Shares of NYSEARCA:ARKF opened at $30.99 on Monday. ARK Fintech Innovation ETF has a 12-month low of $19.06 and a 12-month high of $32.37. The business has a 50 day moving average of $29.60 and a 200-day moving average of $28.26. The stock has a market cap of $1.12 billion, a PE ratio of 61.35 and a beta of 2.03.

ARK Fintech Innovation ETF 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.