ARK Fintech Innovation ETF $ARKF Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 4.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 6,739 shares of the company’s stock after buying an additional 280 shares during the period. International Assets Investment Management LLC’s holdings in ARK Fintech Innovation ETF were worth $339,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ARKF. Wealth Enhancement Advisory Services LLC boosted its holdings in ARK Fintech Innovation ETF by 7.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 8,491 shares of the company’s stock worth $282,000 after acquiring an additional 567 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in ARK Fintech Innovation ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 1,814 shares of the company’s stock worth $60,000 after acquiring an additional 907 shares in the last quarter. von Borstel & Associates Inc. acquired a new stake in ARK Fintech Innovation ETF in the first quarter worth about $33,000. Concurrent Investment Advisors LLC acquired a new stake in ARK Fintech Innovation ETF in the first quarter worth about $215,000. Finally, Allworth Financial LP raised its stake in shares of ARK Fintech Innovation ETF by 18.5% in the first quarter. Allworth Financial LP now owns 4,325 shares of the company’s stock worth $154,000 after purchasing an additional 675 shares during the last quarter.

ARK Fintech Innovation ETF Stock Down 2.8%

Shares of NYSEARCA:ARKF opened at $54.40 on Thursday. ARK Fintech Innovation ETF has a 52-week low of $27.70 and a 52-week high of $59.20. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 36.31 and a beta of 1.50. The business has a 50-day moving average price of $55.19 and a 200-day moving average price of $47.87.

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.