ARK Fintech Innovation ETF (NYSEARCA:ARKF) Shares Bought by IFP Advisors Inc

IFP Advisors Inc increased its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,483 shares of the company’s stock after acquiring an additional 323 shares during the quarter. IFP Advisors Inc’s holdings in ARK Fintech Innovation ETF were worth $129,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of ARK Fintech Innovation ETF in the third quarter worth about $28,000. Golden State Wealth Management LLC bought a new stake in ARK Fintech Innovation ETF in the fourth quarter valued at about $34,000. Capital Performance Advisors LLP bought a new stake in ARK Fintech Innovation ETF in the third quarter valued at about $48,000. Allworth Financial LP increased its holdings in ARK Fintech Innovation ETF by 89.7% in the fourth quarter. Allworth Financial LP now owns 3,650 shares of the company’s stock valued at $148,000 after buying an additional 1,726 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in ARK Fintech Innovation ETF in the fourth quarter valued at about $203,000.

ARK Fintech Innovation ETF Stock Down 0.8 %

Shares of ARK Fintech Innovation ETF stock opened at $36.49 on Wednesday. The firm has a market cap of $1.01 billion, a P/E ratio of 41.35 and a beta of 1.73. ARK Fintech Innovation ETF has a fifty-two week low of $22.85 and a fifty-two week high of $44.72. The business has a 50-day moving average price of $39.95 and a 200 day moving average price of $35.46.

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.