Evanson Asset Management LLC Takes $402,000 Position in ARK Fintech Innovation ETF $ARKF

Evanson Asset Management LLC acquired a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,000 shares of the company’s stock, valued at approximately $402,000.

Several other hedge funds and other institutional investors have also modified their holdings of ARKF. Ameriprise Financial Inc. acquired a new position in shares of ARK Fintech Innovation ETF in the 4th quarter valued at about $219,000. Jefferies Financial Group Inc. acquired a new position in shares of ARK Fintech Innovation ETF in the 4th quarter valued at about $248,000. Park Square Financial Group LLC acquired a new position in shares of ARK Fintech Innovation ETF in the 4th quarter valued at about $30,000. Copia Wealth Management acquired a new position in shares of ARK Fintech Innovation ETF in the 4th quarter valued at about $43,000. Finally, Centaurus Financial Inc. acquired a new position in ARK Fintech Innovation ETF during the 4th quarter worth approximately $527,000.

ARK Fintech Innovation ETF Stock Down 0.2%

NYSEARCA ARKF opened at $56.24 on Thursday. ARK Fintech Innovation ETF has a fifty-two week low of $27.70 and a fifty-two week high of $58.35. The business has a 50 day moving average price of $54.15 and a two-hundred day moving average price of $44.82. The stock has a market cap of $1.44 billion, a PE ratio of 36.31 and a beta of 1.50.

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.