Cascadia Advisory Services LLC Sells 1,108 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Cascadia Advisory Services LLC trimmed its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 21.5% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,052 shares of the company’s stock after selling 1,108 shares during the quarter. Cascadia Advisory Services LLC’s holdings in ARK Fintech Innovation ETF were worth $219,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. US Bancorp DE boosted its position in ARK Fintech Innovation ETF by 639.5% in the first quarter. US Bancorp DE now owns 1,590 shares of the company’s stock worth $81,000 after purchasing an additional 1,375 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in ARK Fintech Innovation ETF by 900.4% in the first quarter. Envestnet Asset Management Inc. now owns 78,484 shares of the company’s stock worth $4,011,000 after purchasing an additional 70,639 shares during the last quarter. Fifth Third Bancorp boosted its position in ARK Fintech Innovation ETF by 1,500.0% in the first quarter. Fifth Third Bancorp now owns 1,600 shares of the company’s stock worth $82,000 after purchasing an additional 1,500 shares during the last quarter. The PNC Financial Services Group Inc. boosted its position in ARK Fintech Innovation ETF by 20.0% in the first quarter. The PNC Financial Services Group Inc. now owns 7,946 shares of the company’s stock worth $406,000 after purchasing an additional 1,322 shares during the last quarter. Finally, Sowell Financial Services LLC boosted its position in ARK Fintech Innovation ETF by 10,803.1% in the first quarter. Sowell Financial Services LLC now owns 21,370 shares of the company’s stock worth $1,043,000 after purchasing an additional 21,174 shares during the last quarter.

Shares of NYSEARCA:ARKF opened at $52.22 on Thursday. The stock’s 50-day simple moving average is $52.40 and its two-hundred day simple moving average is $51.79. ARK Fintech Innovation ETF has a 52-week low of $37.31 and a 52-week high of $64.49.

Read More: Death Cross

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 (NYSEARCA:ARKF).

Institutional Ownership by Quarter for ARK Fintech Innovation ETF (NYSEARCA:ARKF)

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.