JPMorgan Chase & Co. Sells 813 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

JPMorgan Chase & Co. decreased its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,393 shares of the company’s stock after selling 813 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.13% of ARK Fintech Innovation ETF worth $1,354,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its position in shares of ARK Fintech Innovation ETF by 16.6% during the second quarter. Envestnet Asset Management Inc. now owns 63,649 shares of the company’s stock worth $1,773,000 after acquiring an additional 9,074 shares during the last quarter. Main Management ETF Advisors LLC raised its position in shares of ARK Fintech Innovation ETF by 0.8% during the second quarter. Main Management ETF Advisors LLC now owns 587,390 shares of the company’s stock worth $16,365,000 after acquiring an additional 4,530 shares during the last quarter. Creative Planning raised its position in shares of ARK Fintech Innovation ETF by 2.6% during the second quarter. Creative Planning now owns 23,070 shares of the company’s stock worth $643,000 after acquiring an additional 578 shares during the last quarter. Granite Bay Wealth Management LLC raised its position in shares of ARK Fintech Innovation ETF by 2,966.5% during the second quarter. Granite Bay Wealth Management LLC now owns 422,262 shares of the company’s stock worth $11,844,000 after acquiring an additional 408,492 shares during the last quarter. Finally, EdgeRock Capital LLC grew its stake in shares of ARK Fintech Innovation ETF by 54.5% during the third quarter. EdgeRock Capital LLC now owns 11,912 shares of the company’s stock worth $355,000 after purchasing an additional 4,204 shares during the period.

ARK Fintech Innovation ETF Trading Up 0.9 %

NYSEARCA ARKF opened at $40.80 on Friday. The stock has a 50-day simple moving average of $38.86 and a 200 day simple moving average of $32.59. The company has a market capitalization of $1.48 billion, a PE ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a 12 month low of $22.85 and a 12 month high of $41.71.

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.