Ameritas Advisory Services LLC Makes New $63,000 Investment in ARK Fintech Innovation ETF $ARKF

Ameritas Advisory Services LLC purchased a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,247 shares of the company’s stock, valued at approximately $63,000.

A number of other institutional investors also recently modified their holdings of ARKF. von Borstel & Associates Inc. bought a new position in ARK Fintech Innovation ETF in the first quarter valued at about $33,000. Copia Wealth Management boosted its stake in shares of ARK Fintech Innovation ETF by 33.1% in the 1st quarter. Copia Wealth Management now owns 1,559 shares of the company’s stock valued at $52,000 after purchasing an additional 388 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of ARK Fintech Innovation ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,814 shares of the company’s stock valued at $60,000 after purchasing an additional 907 shares during the last quarter. Farther Finance Advisors LLC increased its position in ARK Fintech Innovation ETF by 9,586.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,809 shares of the company’s stock worth $141,000 after purchasing an additional 2,780 shares in the last quarter. Finally, MGB Wealth Management LLC acquired a new position in ARK Fintech Innovation ETF during the 1st quarter worth approximately $115,000.

ARK Fintech Innovation ETF Price Performance

Shares of ARK Fintech Innovation ETF stock opened at $55.17 on Monday. The company’s 50 day moving average price is $54.97 and its two-hundred day moving average price is $46.82. The firm has a market capitalization of $1.40 billion, a P/E ratio of 36.31 and a beta of 1.50. ARK Fintech Innovation ETF has a fifty-two week low of $27.70 and a fifty-two week high of $59.20.

About ARK Fintech Innovation ETF

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.