Clearwater Capital Advisors LLC lifted its position in shares of ARK Fintech Innovation ETF (BATS:ARKF – Free Report) by 8.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 245,638 shares of the company’s stock after purchasing an additional 19,143 shares during the quarter. ARK Fintech Innovation ETF accounts for approximately 0.8% of Clearwater Capital Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Clearwater Capital Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $9,337,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of ARKF. Elevated Capital Advisors LLC acquired a new position in shares of ARK Fintech Innovation ETF in the fourth quarter valued at $30,000. Sunbelt Securities Inc. bought a new position in ARK Fintech Innovation ETF in the third quarter worth $33,000. Darwin Wealth Management LLC acquired a new stake in ARK Fintech Innovation ETF during the second quarter worth $41,000. AlphaCore Capital LLC bought a new stake in ARK Fintech Innovation ETF in the 4th quarter valued at $43,000. Finally, Wealth Watch Advisors INC bought a new stake in ARK Fintech Innovation ETF in the 3rd quarter valued at $48,000.
ARK Fintech Innovation ETF Stock Performance
BATS:ARKF opened at $40.78 on Thursday. The company has a 50-day moving average of $40.55 and a 200-day moving average of $41.40. The company has a market capitalization of $978.72 million, a price-to-earnings ratio of 36.31 and a beta of 1.89. ARK Fintech Innovation ETF has a 52 week low of $35.82 and a 52 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 issued by ARK.
Further Reading
- Five stocks we like better than ARK Fintech Innovation ETF
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding ARKF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Fintech Innovation ETF (BATS:ARKF – Free Report).
Receive News & Ratings for ARK Fintech Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Fintech Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
