Fintech
99,338 shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) purchased by Gerber LLC
Gerber LLC bought a new stake in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 99,338 shares of the company’s stock, valued at approximately $2,740,000. The ARK Fintech Innovation ETF makes up 2.5% of Gerber LLC’s investment portfolio, making the stock the 11th largest holding. Gerber LLC owned 0.22% of ARK Fintech Innovation ETF according to its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of ARKF. International Assets Investment Management LLC acquired a new stake in shares of ARK Fintech Innovation ETF in the fourth quarter worth approximately $85,990,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of ARK Fintech Innovation ETF in the third quarter worth about $334,000. Raymond James & Associates increased its holdings in shares of ARK Fintech Innovation ETF by 3.2% in the fourth quarter. Raymond James & Associates now owns 100,955 shares of the company’s stock valued at $2,784,000 after purchasing an additional 3,150 shares in the last quarter. Sowell Financial Services LLC purchased a new position in shares of ARK Fintech Innovation ETF during the fourth quarter worth about $1,171,000. Finally, Banque Pictet & Cie SA bought a new stake in the ARK Fintech Innovation ETF worth $318,000 in the third quarter.
Price performance of the ARK Fintech Innovation ETF
Shares of ARKF shares opened at $27.58 Monday. The ARK Fintech Innovation ETF has a one-year low of $17.37 and a one-year high of $30.99. The company has a market capitalization of $998.40 million, a P/E ratio of 61.35 and a beta of 2.03. The company has a 50-day moving average of $27.70 and a 200-day moving average of $27.47.
ARK Fintech Innovation ETF Company Profile
The ARK Fintech Innovation ETF (ARKF) is an exchange-traded fund that invests primarily in stocks based on a particular theme. The fund is an actively managed fund of stocks related to financial technology innovation. ARKF launched on February 4, 2019 and is operated by ARK.
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