59,500 Shares in ARK Fintech Innovation ETF $ARKF Bought by Candriam S.C.A.

Candriam S.C.A. acquired a new stake in ARK Fintech Innovation ETF (BATS:ARKF) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 59,500 shares of the company’s stock, valued at approximately $2,709,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ARKF. Commonwealth Equity Services LLC bought a new position in shares of ARK Fintech Innovation ETF during the third quarter valued at about $1,476,000. Envestnet Asset Management Inc. lifted its stake in shares of ARK Fintech Innovation ETF by 84.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 64,741 shares of the company’s stock valued at $2,555,000 after acquiring an additional 29,722 shares during the last quarter. Clearwater Capital Advisors LLC lifted its stake in shares of ARK Fintech Innovation ETF by 8.5% in the 1st quarter. Clearwater Capital Advisors LLC now owns 245,638 shares of the company’s stock valued at $9,337,000 after acquiring an additional 19,143 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in ARK Fintech Innovation ETF by 206.6% during the 1st quarter. Sanctuary Advisors LLC now owns 27,588 shares of the company’s stock valued at $1,049,000 after acquiring an additional 18,590 shares during the period. Finally, GoalVest Advisory LLC purchased a new stake in ARK Fintech Innovation ETF during the 2nd quarter valued at about $720,000.

ARK Fintech Innovation ETF Stock Performance

BATS:ARKF opened at $42.57 on Thursday. ARK Fintech Innovation ETF has a fifty-two week low of $35.82 and a fifty-two week high of $53.35. The firm has a market cap of $715.18 million, a PE ratio of 35.81 and a beta of 2.02. The business has a 50 day moving average price of $45.32 and a 200-day moving average price of $42.12.

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 issued by ARK.