Simplex Trading LLC Buys 19,234 Shares of ARK Fintech Innovation ETF $ARKF

Simplex Trading LLC increased its position in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 4,906.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,626 shares of the company’s stock after purchasing an additional 19,234 shares during the period. Simplex Trading LLC’s holdings in ARK Fintech Innovation ETF were worth $986,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Whipplewood Advisors LLC increased its stake in ARK Fintech Innovation ETF by 14,216.7% during the 2nd quarter. Whipplewood Advisors LLC now owns 859 shares of the company’s stock valued at $43,000 after purchasing an additional 853 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the second quarter valued at approximately $63,000. Farther Finance Advisors LLC increased its position 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 valued at $141,000 after acquiring an additional 2,780 shares in the last quarter. MGB Wealth Management LLC purchased a new position in ARK Fintech Innovation ETF in the 1st quarter worth approximately $115,000. Finally, Eagle Wealth Strategies LLC purchased a new position in ARK Fintech Innovation ETF in the 2nd quarter worth approximately $212,000.

ARK Fintech Innovation ETF Trading Up 1.4%

Shares of ARKF opened at $51.93 on Monday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 36.31 and a beta of 1.94. The business’s fifty day simple moving average is $55.61 and its two-hundred day simple moving average is $50.17. ARK Fintech Innovation ETF has a 12 month low of $27.70 and a 12 month 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.