ARK Fintech Innovation ETF (NYSEARCA:ARKF) Shares Purchased by Brookstone Capital Management

Brookstone Capital Management raised its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 1.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,766 shares of the company’s stock after buying an additional 1,122 shares during the period. Brookstone Capital Management owned about 0.25% of ARK Fintech Innovation ETF worth $3,481,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ARKF. Barclays PLC lifted its position in ARK Fintech Innovation ETF by 66.5% during the third quarter. Barclays PLC now owns 2,606 shares of the company’s stock valued at $50,000 after buying an additional 1,041 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in ARK Fintech Innovation ETF during the third quarter valued at approximately $334,000. Banque Pictet & Cie SA acquired a new position in ARK Fintech Innovation ETF during the third quarter valued at approximately $318,000. Trilogy Capital Inc. acquired a new position in ARK Fintech Innovation ETF during the fourth quarter valued at approximately $428,000. Finally, Global Trust Asset Management LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the fourth quarter valued at approximately $41,000.

ARK Fintech Innovation ETF Stock Up 1.2 %

ARKF opened at $27.85 on Friday. The firm has a market capitalization of $1.01 billion, a P/E ratio of 61.35 and a beta of 2.03. The firm’s 50 day moving average is $27.56 and its 200-day moving average is $27.62. ARK Fintech Innovation ETF has a 52-week low of $17.37 and a 52-week high of $30.99.

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.