BNP Paribas Financial Markets Sells 2,964 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

BNP Paribas Financial Markets trimmed its position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 11.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,086 shares of the company’s stock after selling 2,964 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of ARK Fintech Innovation ETF worth $659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of ARKF. Darwin Wealth Management LLC purchased a new position in shares of ARK Fintech Innovation ETF in the third quarter worth $28,000. Capital Performance Advisors LLP purchased a new stake in ARK Fintech Innovation ETF in the 3rd quarter worth $48,000. MBA Advisors LLC bought a new position in shares of ARK Fintech Innovation ETF during the 3rd quarter valued at about $202,000. Tyler Stone Wealth Management grew its position in shares of ARK Fintech Innovation ETF by 100.0% during the third quarter. Tyler Stone Wealth Management now owns 7,120 shares of the company’s stock valued at $212,000 after purchasing an additional 3,560 shares in the last quarter. Finally, EdgeRock Capital LLC bought a new stake in shares of ARK Fintech Innovation ETF in the second quarter worth about $215,000.

ARK Fintech Innovation ETF Trading Down 0.6 %

ARKF opened at $40.38 on Friday. The stock has a 50-day moving average of $35.08 and a 200 day moving average of $30.34. ARK Fintech Innovation ETF has a 12 month low of $22.85 and a 12 month high of $41.71. The firm has a market cap of $1.46 billion, a P/E 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.