Whipplewood Advisors LLC Buys New Shares in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Whipplewood Advisors LLC purchased a new position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 859 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MBA Advisors LLC raised its holdings in shares of ARK Fintech Innovation ETF by 3.7% in the 4th quarter. MBA Advisors LLC now owns 7,013 shares of the company’s stock worth $260,000 after purchasing an additional 247 shares during the period. IFP Advisors Inc lifted its position in ARK Fintech Innovation ETF by 10.2% during the fourth quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock valued at $129,000 after buying an additional 323 shares in the last quarter. Truist Financial Corp lifted its position in ARK Fintech Innovation ETF by 12.4% during the fourth quarter. Truist Financial Corp now owns 7,987 shares of the company’s stock valued at $296,000 after buying an additional 881 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in ARK Fintech Innovation ETF during the fourth quarter worth approximately $34,000. Finally, Insight Advisors LLC PA grew its stake in ARK Fintech Innovation ETF by 5.8% during the fourth quarter. Insight Advisors LLC PA now owns 16,580 shares of the company’s stock worth $622,000 after buying an additional 911 shares during the period.

ARK Fintech Innovation ETF Trading Up 1.8 %

Shares of ARKF stock opened at $38.07 on Friday. The company has a market cap of $1.05 billion, a PE ratio of 41.35 and a beta of 1.73. The company’s fifty day simple moving average is $40.03 and its 200-day simple moving average is $35.21. ARK Fintech Innovation ETF has a 52 week low of $22.85 and a 52 week high of $44.72.

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.