Simplex Trading LLC Has $986,000 Stock Position in ARK Fintech Innovation ETF $ARKF

Simplex Trading LLC boosted its position in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 4,906.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,626 shares of the company’s stock after acquiring an additional 19,234 shares during the period. Simplex Trading LLC owned 0.08% of ARK Fintech Innovation ETF worth $986,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ARKF. Whipplewood Advisors LLC raised its position in shares of ARK Fintech Innovation ETF by 14,216.7% during the second quarter. Whipplewood Advisors LLC now owns 859 shares of the company’s stock worth $43,000 after purchasing an additional 853 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of ARK Fintech Innovation ETF in the second quarter valued at approximately $63,000. Farther Finance Advisors LLC lifted its stake 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 valued at $141,000 after acquiring an additional 2,780 shares in the last quarter. MGB Wealth Management LLC purchased a new position in ARK Fintech Innovation ETF during the first quarter worth about $115,000. Finally, Eagle Wealth Strategies LLC bought a new position in shares of ARK Fintech Innovation ETF in the second quarter valued at approximately $212,000.

ARK Fintech Innovation ETF Stock Performance

Shares of ARKF stock opened at $51.93 on Monday. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 36.31 and a beta of 1.94. The firm’s 50-day simple moving average is $55.61 and its two-hundred day simple moving average is $50.17. ARK Fintech Innovation ETF has a 52 week low of $27.70 and a 52 week high of $59.20.

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.