ARK Fintech Innovation ETF $ARKF Shares Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC boosted its position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 14,216.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 859 shares of the company’s stock after acquiring an additional 853 shares during the quarter. Whipplewood Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $43,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in ARK Fintech Innovation ETF by 16.9% during the 1st quarter. LPL Financial LLC now owns 1,007,131 shares of the company’s stock worth $33,497,000 after acquiring an additional 145,900 shares during the period. Clearwater Capital Advisors LLC lifted its position in ARK Fintech Innovation ETF by 2.0% during the 1st quarter. Clearwater Capital Advisors LLC now owns 263,957 shares of the company’s stock worth $8,779,000 after acquiring an additional 5,095 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of ARK Fintech Innovation ETF in the 2nd quarter valued at about $11,771,000. Cetera Investment Advisers lifted its holdings in shares of ARK Fintech Innovation ETF by 10.1% in the 1st quarter. Cetera Investment Advisers now owns 127,479 shares of the company’s stock valued at $4,240,000 after buying an additional 11,713 shares during the period. Finally, Commonwealth Financial Services LLC acquired a new position in shares of ARK Fintech Innovation ETF in the 1st quarter valued at about $3,391,000.

ARK Fintech Innovation ETF Stock Up 2.4%

Shares of ARKF stock opened at $58.46 on Tuesday. The stock has a market cap of $1.36 billion, a PE ratio of 36.31 and a beta of 1.94. The business has a 50-day simple moving average of $55.34 and a 200-day simple moving average of $48.65. 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.