International Assets Investment Management LLC Increases Stock Position in ARK Fintech Innovation ETF $ARKF

International Assets Investment Management LLC grew its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,739 shares of the company’s stock after acquiring an additional 280 shares during the quarter. International Assets Investment Management LLC’s holdings in ARK Fintech Innovation ETF were worth $339,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. von Borstel & Associates Inc. purchased a new position in shares of ARK Fintech Innovation ETF during the first quarter worth approximately $33,000. Golden State Wealth Management LLC raised its stake in shares of ARK Fintech Innovation ETF by 100.0% during 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. Ameritas Advisory Services LLC purchased a new position in shares of ARK Fintech Innovation ETF during the second quarter worth approximately $63,000. MGB Wealth Management LLC purchased a new position in shares of ARK Fintech Innovation ETF during the first quarter worth approximately $115,000. Finally, Farther Finance Advisors LLC raised its stake in shares of ARK Fintech Innovation ETF by 9,586.2% during the second quarter. Farther Finance Advisors LLC now owns 2,809 shares of the company’s stock worth $141,000 after acquiring an additional 2,780 shares in the last quarter.

ARK Fintech Innovation ETF Stock Performance

ARKF stock opened at $54.40 on Thursday. The company has a market capitalization of $1.38 billion, a PE ratio of 36.31 and a beta of 1.50. ARK Fintech Innovation ETF has a one year low of $27.70 and a one year high of $59.20. The company’s 50 day moving average price is $55.19 and its two-hundred day moving average price is $47.87.

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.