NBC Securities Inc. Sells 2,000 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

NBC Securities Inc. lessened its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 44.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,500 shares of the company’s stock after selling 2,000 shares during the quarter. NBC Securities Inc.’s holdings in ARK Fintech Innovation ETF were worth $75,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. raised its holdings in shares of 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 acquiring an additional 1,174 shares in the last quarter. ICA Group Wealth Management LLC purchased a new stake in ARK Fintech Innovation ETF in the fourth quarter worth $52,000. Gerber LLC purchased a new stake in ARK Fintech Innovation ETF in the fourth quarter worth $2,740,000. Twin Focus Capital Partners LLC purchased a new stake in ARK Fintech Innovation ETF in the fourth quarter worth $1,260,000. Finally, Vima LLC purchased a new stake in ARK Fintech Innovation ETF in the fourth quarter worth $40,000.

ARK Fintech Innovation ETF Stock Down 0.4 %

Shares of ARKF stock opened at $27.58 on Monday. The stock has a market cap of $998.40 million, a price-to-earnings ratio of 61.35 and a beta of 2.03. The business’s fifty day moving average is $27.54 and its 200 day moving average is $27.59. ARK Fintech Innovation ETF has a twelve month low of $17.37 and a twelve month high of $30.99.

About ARK Fintech Innovation ETF

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.