MBA Advisors LLC Increases Stock Holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

MBA Advisors LLC increased its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 3.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,013 shares of the company’s stock after purchasing an additional 247 shares during the quarter. MBA Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $260,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ARKF. Creative Planning raised its position in 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. EdgeRock Capital LLC raised its position in shares of ARK Fintech Innovation ETF by 54.5% during the 3rd 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 last quarter. United Asset Strategies Inc. lifted its stake in ARK Fintech Innovation ETF by 5.6% in the 3rd quarter. United Asset Strategies Inc. now owns 34,356 shares of the company’s stock valued at $1,024,000 after buying an additional 1,837 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in ARK Fintech Innovation ETF during the 3rd quarter valued at $48,000. Finally, Beta Wealth Group Inc. increased its position in ARK Fintech Innovation ETF by 13.7% during the third quarter. Beta Wealth Group Inc. now owns 37,692 shares of the company’s stock worth $1,124,000 after buying an additional 4,539 shares in the last quarter.

ARK Fintech Innovation ETF Stock Down 0.0 %

NYSEARCA ARKF opened at $42.03 on Monday. The stock 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 fifty-two week low of $22.85 and a fifty-two week high of $42.72. The business has a fifty day moving average of $39.60 and a 200-day moving average of $33.73.

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.