Kestra Private Wealth Services LLC Purchases Shares of 9,312 ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Kestra Private Wealth Services LLC purchased a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 9,312 shares of the company’s stock, valued at approximately $257,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ARKF. Concourse Financial Group Securities Inc. increased its stake in ARK Fintech Innovation ETF by 81.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,532 shares of the company’s stock valued at $30,000 after purchasing an additional 690 shares in the last quarter. Allworth Financial LP increased its position in shares of ARK Fintech Innovation ETF by 82.2% during the third quarter. Allworth Financial LP now owns 1,924 shares of the company’s stock worth $37,000 after acquiring an additional 868 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of ARK Fintech Innovation ETF by 5.7% during the third quarter. Wealthfront Advisers LLC now owns 69,659 shares of the company’s stock worth $1,349,000 after acquiring an additional 3,774 shares in the last quarter. Simplex Trading LLC increased its position in shares of ARK Fintech Innovation ETF by 37.7% during the third quarter. Simplex Trading LLC now owns 39,239 shares of the company’s stock worth $759,000 after acquiring an additional 10,750 shares in the last quarter. Finally, Banque Pictet & Cie SA bought a new stake in shares of ARK Fintech Innovation ETF during the third quarter worth about $318,000.

ARK Fintech Innovation ETF Price Performance

NYSEARCA:ARKF opened at $27.69 on Thursday. The firm has a 50-day moving average of $28.81 and a 200-day moving average of $26.10. The company has a market cap of $1.00 billion, a PE ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a one year low of $17.37 and a one year high of $30.99.

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.