Creative Planning Acquires 578 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Creative Planning grew its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,070 shares of the company’s stock after acquiring an additional 578 shares during the period. Creative Planning’s holdings in ARK Fintech Innovation ETF were worth $643,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ARKF. PNC Financial Services Group Inc. grew its holdings in ARK Fintech Innovation ETF by 283.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,588 shares of the company’s stock valued at $44,000 after purchasing an additional 1,174 shares during the period. Brookstone Capital Management grew its stake in shares of ARK Fintech Innovation ETF by 1.0% during the 1st quarter. Brookstone Capital Management now owns 114,766 shares of the company’s stock valued at $3,481,000 after acquiring an additional 1,122 shares during the period. Palisade Asset Management LLC purchased a new stake in ARK Fintech Innovation ETF in the 1st quarter worth approximately $27,000. PFG Advisors bought a new stake in ARK Fintech Innovation ETF during the 1st quarter worth approximately $207,000. Finally, Concurrent Investment Advisors LLC lifted its holdings in ARK Fintech Innovation ETF by 15.9% during the first quarter. Concurrent Investment Advisors LLC now owns 25,467 shares of the company’s stock valued at $772,000 after purchasing an additional 3,503 shares in the last quarter.

ARK Fintech Innovation ETF Price Performance

Shares of NYSEARCA ARKF opened at $30.63 on Monday. The stock has a market cap of $1.11 billion, a PE ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a 1 year low of $17.37 and a 1 year high of $30.99. The firm has a fifty day moving average price of $28.22 and a 200-day moving average price of $28.02.

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.