MBA Advisors LLC grew its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free Report) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,013 shares of the company’s stock after purchasing an additional 247 shares during the period. MBA Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $260,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the business. Creative Planning increased its stake in ARK Fintech Innovation ETF by 2.6% during the 2nd quarter. Creative Planning now owns 23,070 shares of the company’s stock worth $643,000 after buying an additional 578 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the fourth quarter worth $34,000. Insight Advisors LLC PA raised its stake in shares of ARK Fintech Innovation ETF by 5.8% in the fourth quarter. Insight Advisors LLC PA now owns 16,580 shares of the company’s stock valued at $622,000 after acquiring an additional 911 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in ARK Fintech Innovation ETF in the third quarter valued at $28,000. Finally, United Asset Strategies Inc. grew its stake in ARK Fintech Innovation ETF by 3.9% during the 4th quarter. United Asset Strategies Inc. now owns 35,702 shares of the company’s stock worth $1,323,000 after purchasing an additional 1,346 shares in the last quarter.
ARK Fintech Innovation ETF Price Performance
Shares of NYSEARCA ARKF opened at $42.03 on Monday. The stock’s 50-day moving average is $39.60 and its two-hundred day moving average is $33.73. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a 1-year low of $22.85 and a 1-year high of $42.72.
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.
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