1,902 Shares in ARK Fintech Innovation ETF (NYSEARCA:ARKF) Acquired by ICA Group Wealth Management LLC

ICA Group Wealth Management LLC purchased a new position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,902 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ARKF. Baystate Wealth Management LLC boosted its holdings in ARK Fintech Innovation ETF by 83.4% during the third quarter. Baystate Wealth Management LLC now owns 1,282 shares of the company’s stock worth $25,000 after buying an additional 583 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of ARK Fintech Innovation ETF in the 4th quarter valued at about $25,000. Concourse Financial Group Securities Inc. raised its holdings in ARK Fintech Innovation ETF by 81.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,532 shares of the company’s stock worth $30,000 after purchasing an additional 690 shares during the period. Allworth Financial LP increased its position in shares of ARK Fintech Innovation ETF by 82.2% in the third quarter. Allworth Financial LP now owns 1,924 shares of the company’s stock valued at $37,000 after buying an additional 868 shares in the last quarter. Finally, Vima LLC acquired a new position in shares of ARK Fintech Innovation ETF during the 4th quarter worth approximately $40,000.

ARK Fintech Innovation ETF Stock Performance

ARK Fintech Innovation ETF stock traded down $0.29 during trading on Monday, reaching $27.60. The company had a trading volume of 523,446 shares, compared to its average volume of 568,823. The firm has a market capitalization of $1.03 billion, a PE ratio of 63.57 and a beta of 1.50. The firm’s 50-day simple moving average is $28.80 and its 200 day simple moving average is $25.71. ARK Fintech Innovation ETF has a 1-year low of $16.93 and a 1-year high of $30.99.

ARK Fintech Innovation ETF 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.